Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $660.9k | $1.7k/mo |
| Price-to-Rent Ratio |
Interactive calculator comparing renting and buying in Santa Cruz de Tenerife, Spain.
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $660.9k | $1.7k/mo |
| Price-to-Rent Ratio |
| 32.0years of rent |
| Monthly Payment | $3.3kat 6.5%, 20% down | $1.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.1% | |
Adjust the numbers to match your situation and see how buying compares to renting over time.
Monthly Mortgage
$3,342
Home Value After 10 Years
$888,128
Break-Even
1 year
Buying is cheaper by $113,409 over this period.
This is an estimate. Consult a financial advisor before making any real estate decision.
$537,600 · 650 m² · 10 rooms
$1,680 · 240 m² · 8 rooms
