Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $23.7k | $360/mo |
| Price-to-Rent Ratio | 5.5years of rent | |
| Monthly Payment | $120at 6.5%, 20% down | $360 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 18.2% | |
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
$120
Home Value After 10 Years
$31,910
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$3,350
Total Cost (Rent)$43,200
Net Difference+$39,850
Buying is cheaper by $39,850 over this period.
Market Context
Sale Listings19
Rent Listings5
Avg Sale $/m²$511/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.