📅 Analysis Period10 years
1yr5yr10yr15yr20yr30yr
Price-to-Rent Ratio16.7x
Moderate Buy
Buying Details
$
Comparable homes: $320,000 – $480,000
3% Min10%20% No PMI
Renting Details
$
Buying
Down Payment$80,000
Monthly Mortgage (P&I)$2,023
Total Interest (10yr)$193,998
Property Tax (10yr)$51,954
Maintenance (10yr)$47,231
Home Value$537,567
Home Equity$234,029
Net Worth$234,029
VS
Renting
Upfront Investment$92,000
Monthly Rent (current)$2,000
Total Rent Paid$275,133
Renter's Insurance$1,800
No Maintenance$0
Investment Growth$210,333
Portfolio Value$302,333
Net Worth$302,333
Net Worth Over Time
🟦 Buying Net Worth🟧 Renting Net Worth