For buyers
Rent vs buy. Which costs less over your stay.
Compare renting versus buying a Miami condo over time, including equity, appreciation, opportunity cost, HOA, property tax, and closing costs.
How long you'll stay
Buying
Renting
Simplified comparison; tax benefits vary by situation. Talk to a CPA or financial advisor for personal guidance.
How it works.
- 01Enter home price, down payment, rate, and expected rent.
- 02Add HOA, taxes, insurance, appreciation, and investment return assumptions.
- 03Compare cumulative cost and break-even year.
From the blog. Buying.
All articles
Other calculators.
All calculators- Seller net sheetWhat you walk away with after commission, Florida doc stamps, title, HOA transfer fees, SIRS assessments and your mortgage payoff.
- Buyer affordabilityHow much condo your income and debts support once HOA, property tax, insurance and PMI are in the payment.
- Rent affordabilityThe monthly rent your income supports and the cash you need to move in: deposit, first and last month, pet and HOA application fees.
- Cap rateNOI, cap rate, gross rent multiplier and cash-on-cash for a rental condo, after vacancy, HOA, tax, insurance and management.