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
$92,627
Cost breakdown
+Likely effective rent$1,040
HUD FMR$990
Market rent$1,060
Est. payment standard (105%)Used$1,040
Estimated payment standard is $1,040 (105% of FMR).
-Principal and interest-$468
Loan amount$74,102
Down payment$18,525
Rate6.50%
Term30 years
-Operating costs-$372
Property taxes-$93
Insurance-$175
Utilities$0
HOA$0
Management-$104
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,977(91.6% ROI)
Projected value
$99,749
Current value$92,627
Return breakdown
Property appreciation+$7,122
Loan principal paid down+$2,655
Rental cash flow+$7,200
5-year hold
+$28,906(156.0% ROI)
Projected value
$104,799
Current value$92,627
Return breakdown
Property appreciation+$12,172
Loan principal paid down+$4,734
Rental cash flow+$12,000
10-year hold
+$61,225(330.5% ROI)
Projected value
$118,570
Current value$92,627
Return breakdown
Property appreciation+$25,943
Loan principal paid down+$11,281
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.
Studio0.82
Studio
0.82ratio
FMR$750
Market$920
vs market-$170
FMR is below market; voucher rent may lag private rents.
90% standard$675 / 0.73 ratio110% standard$825 / 0.90 ratio
1 BR0.75
1 BR
0.75ratio
FMR$750
Market$1,000
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$675 / 0.68 ratio110% standard$825 / 0.83 ratio
2 BR0.93
2 BR
0.93ratio
FMR$990
Market$1,060
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$891 / 0.84 ratio110% standard$1,089 / 1.03 ratio
3 BR0.83
3 BR
0.83ratio
FMR$1,190
Market$1,440
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$1,071 / 0.74 ratio110% standard$1,309 / 0.91 ratio
4 BR0.88
4 BR
0.88ratio
FMR$1,380
Market$1,560
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$1,242 / 0.80 ratio110% standard$1,518 / 0.97 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 38478 (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.
38478 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 38478 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $990 and the 4 bedroom fair market rent is $1,380.
Use this page for searches like 38478 FMR, 38478 fair market rent, and 38478 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 | $750 |
| 1 bedroom | $750 |
| 2 bedroom | $990 |
| 3 bedroom | $1,190 |
| 4 bedroom | $1,380 |