Miami real estate — interactive financial comparison
Over 10 years
by $102,354 in net cost
Net Cost to Rent
$274,254
after investment gains
Net Cost to Buy
$376,608
after home equity
Renting remains cheaper throughout the 10-year period
Home Value
$962,159
in 10 yrs
Home Equity
$460,327
after selling costs
Investment Gains
$141,446
if renting & investing
Monthly Mortgage
$3,390
principal & interest
Lower = better financial outcome
| Year | Rent Paid | Invest. Gains | Net Rent | Buy Paid | Equity | Net Buy | Winner |
|---|---|---|---|---|---|---|---|
| 1 | $36,300 | +$10,238 | $26,063 | $212,580 | +$120,929 | $91,651 | Rent |
| 2 | $73,680 | +$21,192 | $52,488 | $279,456 | +$152,221 | $127,235 | Rent |
| 4 | $151,811 | +$45,454 | $106,357 | $414,935 | +$219,161 | $195,774 | Rent |
| 6 | $234,663 | +$73,232 | $161,431 | $552,871 | +$292,391 | $260,480 | Rent |
| 8 | $322,524 | +$105,035 | $217,489 | $693,465 | +$372,545 | $320,920 | Rent |
| 10 | $415,700 | +$141,446 | $274,254 | $836,935 | +$460,327 | $376,608 | Rent |
This calculator provides estimates for educational purposes only. Results depend on actual market conditions, tax situations, and individual circumstances. Consult a licensed financial advisor and real estate professional before making investment decisions. Miami-Dade property tax rates, HOA fees, and appreciation rates are approximations based on historical data.
We'll email you a detailed breakdown of your results — including a year-by-year cost comparison, equity projections, and next steps based on your specific situation.
Browse Miami rentals or speak with an agent about buying.