Total Investment
| 188.7 acres grade corrections @ $120/acre |
$ 22,644 |
| 1,505 acres precision land forming @ 600 cubic yards @ $0.90 |
$ 812,700 |
Install one irrigation well every 125 acres:
(12) 16” wells, Z pipes, and risers @ $18,500 |
$ 222,000 |
Install every 40 acres one 24” drain pipe with rice water regulators:
(38) pipes @ $850 |
$ 32,300 |
| Figure no PVC underground lines |
$ 0 |
| Construct (3) 23,000 Bu grain bins with stirring devices, heat/air
(for rice to be loaded, shipped, and loaded a second time) |
$ 207,000 |
| Construct (1) 50,000 Bu holding tank with heat & air @ $2.50/Bu
(for 60% of corn to be loaded and stored) |
$ 125,000 |
| (1) Equipment repair shop and shed |
$ 60,000 |
| Total Required Improvements |
$1,481,644 |
Land Purchase Price
1,944 acres @ $1,543/acre |
$3,000,000 |
| Total Investment |
$4,481,644 |
Return on Investment
The projected yearly net income of $193,835 corresponds to a net return of 4.32% on the total investment of $4,481,644.
|
Download Beltzer Farm PDF
Gibens Creative Group