Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $119.1k | $500/mo |
| Price-to-Rent Ratio | 19.8years of rent | |
| Monthly Payment | $602at 6.5%, 20% down | $500 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$602
Home Value After 10 Years
$159,997
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$16,796
Total Cost (Rent)$60,000
Net Difference+$43,204
Buying is cheaper by $43,204 over this period.
Market Context
Sale Listings86
Rent Listings78
Avg Sale $/m²$1,774/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.