Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $124.1k | $688/mo |
| Price-to-Rent Ratio | 15.0years of rent | |
| Monthly Payment | $627at 6.5%, 20% down | $688 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 6.7% | |
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
$627
Home Value After 10 Years
$166,769
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$17,507
Total Cost (Rent)$82,560
Net Difference+$65,053
Buying is cheaper by $65,053 over this period.
Market Context
Sale Listings28
Rent Listings28
Avg Sale $/m²$1,765/m²
Avg Rent $/m²$9/m²
This is an estimate. Consult a financial advisor before making any real estate decision.