Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $229.1k | $800/mo |
| Price-to-Rent Ratio | 23.9years of rent | |
| Monthly Payment | $1.2kat 6.5%, 20% down | $800 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.2% | |
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
$1,158
Home Value After 10 Years
$307,891
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$32,321
Total Cost (Rent)$96,000
Net Difference+$63,679
Buying is cheaper by $63,679 over this period.
Market Context
Sale Listings0
Rent Listings53
Avg Sale $/m²$1,932/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.