Lakeview Property Management
4.8Lakeview County
Residential management, leasing, and owner services for local rental properties.
216-555-0187lakeviewpm.com
Purchase Price Calculator
Maximum purchase price
$205,563
Cost breakdown
+Likely effective rent$1,800
HUD FMR$1,730
Market rent$1,830
Est. payment standard (104%)Used$1,800
Estimated payment standard is $1,800 (104% of FMR).
-Principal and interest-$1,039
Loan amount$164,450
Down payment$41,113
Rate6.50%
Term30 years
-Operating costs-$561
Property taxes-$206
Insurance-$175
Utilities$0
HOA$0
Management-$180
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,898(70.3% ROI)
Projected value
$221,369
Current value$205,563
Return breakdown
Property appreciation+$15,806
Loan principal paid down+$5,892
Rental cash flow+$7,200
5-year hold
+$49,519(120.4% ROI)
Projected value
$232,575
Current value$205,563
Return breakdown
Property appreciation+$27,013
Loan principal paid down+$10,507
Rental cash flow+$12,000
10-year hold
+$106,611(259.3% ROI)
Projected value
$263,138
Current value$205,563
Return breakdown
Property appreciation+$57,575
Loan principal paid down+$25,036
Rental cash flow+$24,000
Rolodex
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UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.00
Studio
1.00ratio
FMR$1,510
Market$1,510
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$1,359 / 0.90 ratio110% standard$1,661 / 1.10 ratio
1 BR1.04
1 BR
1.04ratio
FMR$1,580
Market$1,520
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,422 / 0.94 ratio110% standard$1,738 / 1.14 ratio
2 BR0.95
2 BR
0.95ratio
FMR$1,730
Market$1,830
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,557 / 0.85 ratio110% standard$1,903 / 1.04 ratio
3 BR0.84
3 BR
0.84ratio
FMR$2,210
Market$2,640
vs market-$430
FMR is below market; voucher rent may lag private rents.
90% standard$1,989 / 0.75 ratio110% standard$2,431 / 0.92 ratio
4 BR0.84
4 BR
0.84ratio
FMR$2,700
Market$3,200
vs market-$500
FMR is below market; voucher rent may lag private rents.
90% standard$2,430 / 0.76 ratio110% standard$2,970 / 0.93 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller unit sizes.
Historical
FY 2022-2026
Data freshness
- FMR
- FY2026
- Market rent
- last ~365 days
About this result(HUD FMR/SAFMR details)
This page shows HUD Fair Market Rent data for 37228 (TN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.
Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.
Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.
37228 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37228 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,730 and the 4 bedroom fair market rent is $2,700.
Use this page for searches like 37228 FMR, 37228 fair market rent, and 37228 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.
| Bedroom size | HUD FMR |
|---|---|
| Studio | $1,510 |
| 1 bedroom | $1,580 |
| 2 bedroom | $1,730 |
| 3 bedroom | $2,210 |
| 4 bedroom | $2,700 |