In the past 5 years there were dramatic increases in property prices in some areas and declines in others. Replacement cost, interest rates, schools, climate, crime rate and real estate market conditions contribute to the price of a home.

A calculator below estimates the property value based on the rent that the property could generate. The property value is equal to the aggregate rent over length of ownership minus loan servicing fees, maintenance cost and property taxes.

The property value assumes no down payment.