Farm Investment with 2 homes and hunting lease

Farm Investment with 2 homes and hunting lease

Member since 2022 · 3 posts · 1 vote

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $250,000
Cash invested: $7,000

2 single family homes renting for $900 each, totaling $1800.
Hunting lease for $6000 annually, $500 a month.
Farm is in state CRP program $1200 annually, $100 a month.

Mortgage = $1250/month
Gross Cash Flow = $2400/month
Net Cash Flow = $1150/month, $13,800/year

How did you finance this deal?

Owner Financing

How did you add value to the deal?

Minor improvements to the homes

Lessons learned? Challenges?

Invest in a property management company.

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