Property #52300
Excellent 320 Acre m/l Crop Farm With 6% ROI
This farm has good soils, good location and good yields. There is 320 acres with 263.1 tillable. There is a corn base of 128.3 and soybean base of 85. The corn yield is 91 and bean’s 24. There will be a cash rent lease for 3 years at $165.00 per acre for an annual cash rent of $43,411.50. There is 17.1 acres of CRP paying $99.88 an acre thru 2011 for an annual income of $1708.00. The total yearly income is $45,119.50. That is a 6.0% return on your investment at the listed price.