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
$186,245
Cost breakdown
+Likely effective rent$1,670
HUD FMR$1,730
Market rentUsed$1,670
Est. payment standard (98%)$1,690
Market rent is below the inferred standard ($1,690, 98% of FMR).
-Principal and interest-$942
Loan amount$148,996
Down payment$37,249
Rate6.50%
Term30 years
-Operating costs-$528
Property taxes-$186
Insurance-$175
Utilities$0
HOA$0
Management-$167
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,859(72.1% ROI)
Projected value
$200,565
Current value$186,245
Return breakdown
Property appreciation+$14,320
Loan principal paid down+$5,338
Rental cash flow+$7,200
5-year hold
+$45,993(123.5% ROI)
Projected value
$210,719
Current value$186,245
Return breakdown
Property appreciation+$24,474
Loan principal paid down+$9,519
Rental cash flow+$12,000
10-year hold
+$98,847(265.4% ROI)
Projected value
$238,409
Current value$186,245
Return breakdown
Property appreciation+$52,164
Loan principal paid down+$22,683
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.
Studio0.83
Studio
0.83ratio
FMR$1,440
Market$1,740
vs market-$300
FMR is below market; voucher rent may lag private rents.
90% standard$1,296 / 0.74 ratio110% standard$1,584 / 0.91 ratio
1 BR0.89
1 BR
0.89ratio
FMR$1,570
Market$1,760
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,413 / 0.80 ratio110% standard$1,727 / 0.98 ratio
2 BR1.04
2 BR
1.04ratio
FMR$1,730
Market$1,670
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,557 / 0.93 ratio110% standard$1,903 / 1.14 ratio
3 BR1.33
3 BR
1.33ratio
FMR$2,280
Market$1,720
vs market+$560
FMR is above market; underwrite to market rent.
90% standard$2,052 / 1.19 ratio110% standard$2,508 / 1.46 ratio
4 BR1.11
4 BR
1.11ratio
FMR$2,660
Market$2,390
vs market+$270
FMR is above market; underwrite to market rent.
90% standard$2,394 / 1.00 ratio110% standard$2,926 / 1.22 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 38018 (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.
38018 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 38018 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 $2,660.
Use this page for searches like 38018 FMR, 38018 fair market rent, and 38018 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 | $1,440 |
| 1 bedroom | $1,570 |
| 2 bedroom | $1,730 |
| 3 bedroom | $2,280 |
| 4 bedroom | $2,660 |