Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $197.3k | $849/mo |
| Price-to-Rent Ratio | 19.4years of rent | |
| Monthly Payment | $998at 6.5%, 20% down | $849 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.2% | |
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
$998
Home Value After 10 Years
$265,135
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,833
Total Cost (Rent)$101,880
Net Difference+$74,047
Buying is cheaper by $74,047 over this period.
Market Context
Sale Listings67
Rent Listings8
Avg Sale $/m²$2,104/m²
Avg Rent $/m²$17/m²
This is an estimate. Consult a financial advisor before making any real estate decision.