So the question is, how do you go about purchasing a ranch or farm property as an investment property? We're here to help, take a look at the example below. Here's an example of a ranch or farm purchased as an investment property.
Location: Donnelly, Idaho (Near Sun Valley)
Roooms 3 br 3 ba
Listing Type: Resale
Status: For Sale
Lot Size: 4.0 acres
Days on Market: More than 30 days
ZIP Code: 83615
Features and activities:
Lakes, Hunting, Fishing, Boating, Skiing, other recreational activities.
3-Br 3-Br MFD Home
Extra: You can view the ski runs from the famous Tamarack Resort from this 4-acre parcel. This is a beautiful parcel with lots of pine trees and a meadow. Could be a possibility for future development. There is a 3-bedroom 3-bath manufactured home presently on the property that you can live in while you build your dream home. $500,000.
Property tax rate:
Expenses: % of gross earnings
Monthly Principal + Interest:
Total monthly payment:
Interest payment per year:
Mortgage payments for the year:
Principal payments for the year:
Per year appreciation growth:
Operating expenses (managing property, landscaping, insurance, property taxes, painting - there are fixed and variable expenses):
Cash flow =
Notes: If you pick the right area, again, location, location, location, a ranch can sell itself. Targeting the right demographic, a ranch can be an escape from the city and a dream come true for those who want to the peace and quiet of living in close proximity to the outdoors.