Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $198.7k | $310/mo |
| Price-to-Rent Ratio | 53.4years of rent | |
| Monthly Payment | $1.0kat 6.5%, 20% down | $310 |
| Break-Even Horizon | 5 years | |
| Est. Buy-to-Let ROI | 1.9% | |
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
$1,005
Home Value After 10 Years
$266,988
Break-Even
5 years
Cost Comparison After 10 Years
Total Cost (Buy)$28,027
Total Cost (Rent)$37,200
Net Difference+$9,173
Buying is cheaper by $9,173 over this period.
Market Context
Sale Listings7
Rent Listings13
Avg Sale $/m²$1,505/m²
Avg Rent $/m²$7/m²
This is an estimate. Consult a financial advisor before making any real estate decision.