Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $218.9k | $969/mo |
| Price-to-Rent Ratio | 18.8years of rent | |
| Monthly Payment | $1.1kat 6.5%, 20% down | $969 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.3% | |
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
$1,107
Home Value After 10 Years
$294,155
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$30,879
Total Cost (Rent)$116,280
Net Difference+$85,401
Buying is cheaper by $85,401 over this period.
Market Context
Sale Listings34
Rent Listings4
Avg Sale $/m²$1,684/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.