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western iowa,by Denison | your income from not having your job working at the other site isn't going to be replaced-that being said-sure nothing wrong with improving what your Dad and you have first instead of adding huge debt on to it-
maybe year one build a 100 head cattle shed and see if I works-lot easier to swallow $50,000 of investment then $500,000
your 26-sounds like your willing to try a huge investment -realize that your Dad worked his whole life and you could piss it down the drain in 1-4 years-My advice-you have 44 years to screw up-go slowly-time flys-
take all numbers and take the income in 1/2-then see how it cashflows-It's never as good as they say
I can quote you a 100 head cattle pak barn-its $43,000 with concrete with no labor-Its $63,000-$ 100,000 for one with labor
Its a mim of $430 a head over a 10 year payback-you will have $43 just for payment add interest and Tax on the building-maintence etc-now those cattle that you had in the outside lot have to make $43 a head more if you turn once a year | |
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Cattle Confinement cash flow
