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Snowballs have better chances
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Beefbiz
Posted 3/19/2016 13:16 (#5186252 - in reply to #5186128)
Subject: RE: Snowballs have better chances


all over Iowa

You are right that it all has to come out of one loaf, and revenue would be a good word for what you were saying.
Not to be a smart a$$, but knowing the difference between net profit and a depreciable asset can help when negotiating a business plan with a lender.
Whoever buys it is not likely going to buy it for the asking price (at least not if they have to borrow the money).   At $750,000 on a 15 year note and current interest rates this place would cash flow easily on yardage income alone.

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