Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $179.5k | $1.5k/mo |
| Price-to-Rent Ratio | 9.9years of rent | |
| Monthly Payment | $908at 6.5%, 20% down | $1.5k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 10.1% | |
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
$908
Home Value After 10 Years
$241,256
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$25,326
Total Cost (Rent)$180,960
Net Difference+$155,634
Buying is cheaper by $155,634 over this period.
Market Context
Sale Listings89
Rent Listings6
Avg Sale $/m²$1,544/m²
Avg Rent $/m²$8/m²
This is an estimate. Consult a financial advisor before making any real estate decision.