Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $110.9k | $596/mo |
| Price-to-Rent Ratio | 15.5years of rent | |
| Monthly Payment | $561at 6.5%, 20% down | $596 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.5% | |
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
$561
Home Value After 10 Years
$149,017
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,643
Total Cost (Rent)$71,520
Net Difference+$55,877
Buying is cheaper by $55,877 over this period.
Market Context
Sale Listings12
Rent Listings7
Avg Sale $/m²$1,898/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.