Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $203.6k | $988/mo |
| Price-to-Rent Ratio | 17.2years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $988 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.8% | |
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
$1,030
Home Value After 10 Years
$273,650
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$28,726
Total Cost (Rent)$118,560
Net Difference+$89,834
Buying is cheaper by $89,834 over this period.
Market Context
Sale Listings21
Rent Listings7
Avg Sale $/m²$2,051/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.