Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $126.5k | $659/mo |
| Price-to-Rent Ratio | 16.0years of rent | |
| Monthly Payment | $640at 6.5%, 20% down | $659 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.3% | |
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
$640
Home Value After 10 Years
$170,030
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,849
Total Cost (Rent)$79,080
Net Difference+$61,231
Buying is cheaper by $61,231 over this period.
Market Context
Sale Listings31
Rent Listings21
Avg Sale $/m²$1,949/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.