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Financial Functions
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 |
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