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
$74,795
Cost breakdown
+Likely effective rent$920
HUD FMR$1,280
Market rentUsed$920
Est. payment standard (90%)$1,150
Market rent is below the inferred standard ($1,150, 90% of FMR).
-Principal and interest-$378
Loan amount$59,836
Down payment$14,959
Rate6.50%
Term30 years
-Operating costs-$342
Property taxes-$75
Insurance-$175
Utilities$0
HOA$0
Management-$92
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,095(100.9% ROI)
Projected value
$80,546
Current value$74,795
Return breakdown
Property appreciation+$5,751
Loan principal paid down+$2,144
Rental cash flow+$7,200
5-year hold
+$25,652(171.5% ROI)
Projected value
$84,624
Current value$74,795
Return breakdown
Property appreciation+$9,829
Loan principal paid down+$3,823
Rental cash flow+$12,000
10-year hold
+$54,058(361.4% ROI)
Projected value
$95,744
Current value$74,795
Return breakdown
Property appreciation+$20,949
Loan principal paid down+$9,109
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.
Studio1.23
Studio
1.23ratio
FMR$1,070
Market$870
vs market+$200
FMR is above market; underwrite to market rent.
90% standard$963 / 1.11 ratio110% standard$1,177 / 1.35 ratio
1 BR1.33
1 BR
1.33ratio
FMR$1,160
Market$870
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$1,044 / 1.20 ratio110% standard$1,276 / 1.47 ratio
2 BR1.39
2 BR
1.39ratio
FMR$1,280
Market$920
vs market+$360
FMR is above market; underwrite to market rent.
90% standard$1,152 / 1.25 ratio110% standard$1,408 / 1.53 ratio
3 BR1.34
3 BR
1.34ratio
FMR$1,690
Market$1,260
vs market+$430
FMR is above market; underwrite to market rent.
90% standard$1,521 / 1.21 ratio110% standard$1,859 / 1.48 ratio
4 BR1.39
4 BR
1.39ratio
FMR$1,970
Market$1,420
vs market+$550
FMR is above market; underwrite to market rent.
90% standard$1,773 / 1.25 ratio110% standard$2,167 / 1.53 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across all bedroom 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 38188 (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.
38188 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 38188 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,280 and the 4 bedroom fair market rent is $1,970.
Use this page for searches like 38188 FMR, 38188 fair market rent, and 38188 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 | $1,070 |
| 1 bedroom | $1,160 |
| 2 bedroom | $1,280 |
| 3 bedroom | $1,690 |
| 4 bedroom | $1,970 |