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
$114,917
Cost breakdown
+Likely effective rent$1,190
HUD FMR$1,450
Market rentUsed$1,190
Est. payment standard (90%)$1,310
Market rent is below the inferred standard ($1,310, 90% of FMR).
-Principal and interest-$581
Loan amount$91,934
Down payment$22,983
Rate6.50%
Term30 years
-Operating costs-$409
Property taxes-$115
Insurance-$175
Utilities$0
HOA$0
Management-$119
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,330(84.1% ROI)
Projected value
$123,753
Current value$114,917
Return breakdown
Property appreciation+$8,836
Loan principal paid down+$3,294
Rental cash flow+$7,200
5-year hold
+$32,975(143.5% ROI)
Projected value
$130,018
Current value$114,917
Return breakdown
Property appreciation+$15,101
Loan principal paid down+$5,874
Rental cash flow+$12,000
10-year hold
+$70,182(305.4% ROI)
Projected value
$147,103
Current value$114,917
Return breakdown
Property appreciation+$32,186
Loan principal paid down+$13,996
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.
Studio0.88
Studio
0.88ratio
FMR$1,210
Market$1,380
vs market-$170
FMR is below market; voucher rent may lag private rents.
90% standard$1,089 / 0.79 ratio110% standard$1,331 / 0.96 ratio
1 BR1.21
1 BR
1.21ratio
FMR$1,310
Market$1,080
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,179 / 1.09 ratio110% standard$1,441 / 1.33 ratio
2 BR1.22
2 BR
1.22ratio
FMR$1,450
Market$1,190
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$1,305 / 1.10 ratio110% standard$1,595 / 1.34 ratio
3 BR1.32
3 BR
1.32ratio
FMR$1,920
Market$1,450
vs market+$470
FMR is above market; underwrite to market rent.
90% standard$1,728 / 1.19 ratio110% standard$2,112 / 1.46 ratio
4 BR1.13
4 BR
1.13ratio
FMR$2,230
Market$1,970
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$2,007 / 1.02 ratio110% standard$2,453 / 1.25 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 38119 (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.
38119 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 38119 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,450 and the 4 bedroom fair market rent is $2,230.
Use this page for searches like 38119 FMR, 38119 fair market rent, and 38119 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 | $1,210 |
| 1 bedroom | $1,310 |
| 2 bedroom | $1,450 |
| 3 bedroom | $1,920 |
| 4 bedroom | $2,230 |