Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $161.1k | $625/mo |
| Price-to-Rent Ratio | 21.5years of rent | |
| Monthly Payment | $815at 6.5%, 20% down | $625 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.7% | |
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
$815
Home Value After 10 Years
$216,478
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$22,725
Total Cost (Rent)$75,000
Net Difference+$52,275
Buying is cheaper by $52,275 over this period.
Market Context
Sale Listings15
Rent Listings31
Avg Sale $/m²$2,973/m²
Avg Rent $/m²$13/m²
This is an estimate. Consult a financial advisor before making any real estate decision.