Rent vs. Buy
Compare renting and buying the same Tampa Bay home over time — including the equity you build and the return you'd earn investing instead.
Buying
$
%
%
yrs
%/yr
$/yr
%/yr
$/mo
%/yr
%
%
Renting & Assumptions
$
%/yr
%/yr
yrs
"Investment return" is the opportunity cost — what you'd earn by investing your down payment + buying costs (and any monthly savings) instead of buying. Higher return favors renting; higher appreciation favors buying.
Buying — total monthly (year 1)
P&I + tax + insurance + maintenance + HOA
Renting — monthly (year 1)
grows with your rent-growth rate