Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $193.0k | $660/mo |
| Price-to-Rent Ratio | 24.4years of rent | |
| Monthly Payment | $976at 6.5%, 20% down | $660 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.1% | |
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
$976
Home Value After 10 Years
$259,329
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,223
Total Cost (Rent)$79,200
Net Difference+$51,977
Buying is cheaper by $51,977 over this period.
Market Context
Sale Listings134
Rent Listings21
Avg Sale $/m²$1,413/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.