John In Ontario - 7/1/2022 08:54 At 3% that is 1440 for rent or interest. Should cash flow easy right. I have no idea how they can make the numbers work but apparently some don’t have to make them work. Either that or we are going to have some very interesting auction sales in a couple years Back in the 70's I had it explained to me. I had purchased a farm before it all went crazy so my cost per acre was ½ that of what was then happening. Interest was around 19%, my corn yield was 150 and corn was between $3 and $3.50. BUT, what you do is average the price of your total land so the $4000 + $2000 really = $3000, which still didn't work for me. But what did I know? Lots of other people so much smarter than me bought ground, even up to $5000 an acre. One advantage in a few cases was old families that had cash and significant amount of ground, I had neither and most other didn't either. | 
7200R /OC $48k/acre cdn. farm sale
