Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $398.2k | $1.8k/mo |
| Price-to-Rent Ratio |
Interactive calculator comparing renting and buying in Santa Cruz de Tenerife, Spain.
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $398.2k | $1.8k/mo |
| Price-to-Rent Ratio |
| 18.5years of rent |
| Monthly Payment | $2.0kat 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.4% | |
Adjust the numbers to match your situation and see how buying compares to renting over time.
Monthly Mortgage
$2,013
Home Value After 10 Years
$535,126
Break-Even
1 year
Buying is cheaper by $158,625 over this period.
This is an estimate. Consult a financial advisor before making any real estate decision.
$313,200 · 495 m² · 1 rooms
$870 · 270 m² · 9 rooms
