Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $107.0k | $706/mo |
| Price-to-Rent Ratio | 12.6years of rent | |
| Monthly Payment | $541at 6.5%, 20% down | $706 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 7.9% | |
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
$541
Home Value After 10 Years
$143,751
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$15,090
Total Cost (Rent)$84,720
Net Difference+$69,630
Buying is cheaper by $69,630 over this period.
Market Context
Sale Listings36
Rent Listings31
Avg Sale $/m²$1,396/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.