Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $144.0k | $613/mo |
| Price-to-Rent Ratio | 19.6years of rent | |
| Monthly Payment | $728at 6.5%, 20% down | $613 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.1% | |
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
$728
Home Value After 10 Years
$193,489
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$20,312
Total Cost (Rent)$73,560
Net Difference+$53,248
Buying is cheaper by $53,248 over this period.
Market Context
Sale Listings7
Rent Listings53
Avg Sale $/m²$4,331/m²
Avg Rent $/m²$11/m²
This is an estimate. Consult a financial advisor before making any real estate decision.