|
south west mn | 2.43% for 2018 was the average. Time to be above average.
155 tillable acres at $1,000,000 at 2.43% is equal to $157 rent throw on taxes and your up to $177 dollar rent.
If you can’t make a return above rent you need to rethink your business plan.
My back of the napkin math is more around 5%. Which is horrible once you figure all your time.
2 cents from a guy living in his parents basement. | |
|
The real income problem
