It depends what you mean by breakeven. To an accountant, you are making money
from day one because the appreciation on the property ($533/month) is greater
than the operating loss ($100/month).

If you mean something different, let us know, and we'll help you calculate it.

--
Regards,
Fred


"Hague2" wrote in message
...
I have an investment (property) that I want to know when I will break even on
(and start making a profit)? For example:
Property Value $80,000
Appreciation Rate 8%
Loan Amount $76,000
Interest Rate 6%
Loan Period (Years) 30
Negative Cash Flow (per month) $100
Down Payment 4000
Closing Cost (included in the loan amount) $5000

Can you help me with the proper Financial Function to use? Thank You