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
$110,459
Cost breakdown
+Likely effective rent$1,160
HUD FMR$1,200
Market rentUsed$1,160
Est. payment standard (98%)$1,170
Market rent is below the inferred standard ($1,170, 98% of FMR).
-Principal and interest-$559
Loan amount$88,367
Down payment$22,092
Rate6.50%
Term30 years
-Operating costs-$401
Property taxes-$110
Insurance-$175
Utilities$0
HOA$0
Management-$116
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$18,859(85.4% ROI)
Projected value
$118,952
Current value$110,459
Return breakdown
Property appreciation+$8,493
Loan principal paid down+$3,166
Rental cash flow+$7,200
5-year hold
+$32,161(145.6% ROI)
Projected value
$124,974
Current value$110,459
Return breakdown
Property appreciation+$14,515
Loan principal paid down+$5,646
Rental cash flow+$12,000
10-year hold
+$68,391(309.6% ROI)
Projected value
$141,397
Current value$110,459
Return breakdown
Property appreciation+$30,938
Loan principal paid down+$13,453
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.
Studio0.96
Studio
0.96ratio
FMR$1,050
Market$1,090
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$945 / 0.87 ratio110% standard$1,155 / 1.06 ratio
1 BR1.00
1 BR
1.00ratio
FMR$1,090
Market$1,090
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$981 / 0.90 ratio110% standard$1,199 / 1.10 ratio
2 BR1.03
2 BR
1.03ratio
FMR$1,200
Market$1,160
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,080 / 0.93 ratio110% standard$1,320 / 1.14 ratio
3 BR0.89
3 BR
0.89ratio
FMR$1,500
Market$1,680
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$1,350 / 0.80 ratio110% standard$1,650 / 0.98 ratio
4 BR0.89
4 BR
0.89ratio
FMR$1,600
Market$1,790
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,440 / 0.80 ratio110% standard$1,760 / 0.98 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 37406 (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.
37406 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37406 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,200 and the 4 bedroom fair market rent is $1,600.
Use this page for searches like 37406 FMR, 37406 fair market rent, and 37406 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 | $1,050 |
| 1 bedroom | $1,090 |
| 2 bedroom | $1,200 |
| 3 bedroom | $1,500 |
| 4 bedroom | $1,600 |