Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $197.5k | $766/mo |
| Price-to-Rent Ratio | 21.5years of rent | |
| Monthly Payment | $999at 6.5%, 20% down | $766 |
| 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
$999
Home Value After 10 Years
$265,383
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$27,859
Total Cost (Rent)$91,920
Net Difference+$64,061
Buying is cheaper by $64,061 over this period.
Market Context
Sale Listings28
Rent Listings6
Avg Sale $/m²$2,159/m²
Avg Rent $/m²$16/m²
This is an estimate. Consult a financial advisor before making any real estate decision.