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
$65,879
Cost breakdown
+Likely effective rent$860
HUD FMR$930
Market rentUsed$860
Est. payment standard (95%)$880
Market rent is below the inferred standard ($880, 95% of FMR).
-Principal and interest-$333
Loan amount$52,703
Down payment$13,176
Rate6.50%
Term30 years
-Operating costs-$327
Property taxes-$66
Insurance-$175
Utilities$0
HOA$0
Management-$86
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$14,154(107.4% ROI)
Projected value
$70,945
Current value$65,879
Return breakdown
Property appreciation+$5,065
Loan principal paid down+$1,888
Rental cash flow+$7,200
5-year hold
+$24,024(182.3% ROI)
Projected value
$74,536
Current value$65,879
Return breakdown
Property appreciation+$8,657
Loan principal paid down+$3,367
Rental cash flow+$12,000
10-year hold
+$50,475(383.1% ROI)
Projected value
$84,331
Current value$65,879
Return breakdown
Property appreciation+$18,452
Loan principal paid down+$8,023
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.
Studio0.80
Studio
0.80ratio
FMR$700
Market$880
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$630 / 0.72 ratio110% standard$770 / 0.88 ratio
1 BR0.87
1 BR
0.87ratio
FMR$710
Market$820
vs market-$110
FMR is below market; voucher rent may lag private rents.
90% standard$639 / 0.78 ratio110% standard$781 / 0.95 ratio
2 BR1.08
2 BR
1.08ratio
FMR$930
Market$860
vs market+$70
FMR is near market; voucher and private rents are aligned.
90% standard$837 / 0.97 ratio110% standard$1,023 / 1.19 ratio
3 BR0.92
3 BR
0.92ratio
FMR$1,230
Market$1,330
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,107 / 0.83 ratio110% standard$1,353 / 1.02 ratio
4 BR0.96
4 BR
0.96ratio
FMR$1,420
Market$1,480
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,278 / 0.86 ratio110% standard$1,562 / 1.06 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 38012 (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.
38012 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 38012 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $930 and the 4 bedroom fair market rent is $1,420.
Use this page for searches like 38012 FMR, 38012 fair market rent, and 38012 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 | $700 |
| 1 bedroom | $710 |
| 2 bedroom | $930 |
| 3 bedroom | $1,230 |
| 4 bedroom | $1,420 |