Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $117.0k | $372/mo |
| Price-to-Rent Ratio | 26.2years of rent | |
| Monthly Payment | $592at 6.5%, 20% down | $372 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.8% | |
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
$592
Home Value After 10 Years
$157,261
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,509
Total Cost (Rent)$44,640
Net Difference+$28,131
Buying is cheaper by $28,131 over this period.
Market Context
Sale Listings15
Rent Listings12
Avg Sale $/m²$1,442/m²
Avg Rent $/m²$6/m²
This is an estimate. Consult a financial advisor before making any real estate decision.