Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $170.0k | $616/mo |
| Price-to-Rent Ratio | 23.0years of rent | |
| Monthly Payment | $860at 6.5%, 20% down | $616 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.3% | |
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
$860
Home Value After 10 Years
$228,502
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$23,987
Total Cost (Rent)$73,920
Net Difference+$49,933
Buying is cheaper by $49,933 over this period.
Market Context
Sale Listings68
Rent Listings70
Avg Sale $/m²$2,290/m²
Avg Rent $/m²$14/m²
This is an estimate. Consult a financial advisor before making any real estate decision.