Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $190.0k | $688/mo |
| Price-to-Rent Ratio | 23.0years of rent | |
| Monthly Payment | $961at 6.5%, 20% down | $688 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Buy is better
10 years
Monthly Mortgage
$961
Home Value After 10 Years
$255,395
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$26,810
Total Cost (Rent)$82,560
Net Difference+$55,750
Buying is cheaper by $55,750 over this period.
Market Context
Sale Listings56
Rent Listings13
Avg Sale $/m²$1,796/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.