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Donald Wagner Of Landguys Sells 159-Acre Rio Ranch For $1,566,150
SOLD
$1,566,150
Illinois
See Similar DealsFarm
Sold 05/20/2024
SOLD
Donald Wagner Of Landguys Sells 159-Acre Rio Ranch For $1,566,150
Farm
Sold 05/20/2024
Summary
Asset Type:Farm
Transaction Type:Sale
A 159-acre ranch property located in Rio has been sold for $1,566,150. The address of the property is 0000 100 Road East in Rio.
Summary of transaction details:
- Property Type: Ranch
- Transaction Amount: $1,566,150
- Market: Rio
- Acres: 159
- Sold by: Donald Wagner of Landguys
Donald Wagner of Landguys was the broker responsible for overseeing the sale of the ranch property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$83,527.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,564.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,424.35
Annual Debt Service$89,092.20
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