ABCDEFGHI
1
RockfordHAKP Offer30 yrs15 yrs
2
Acres124
3
Price/Acre$40,000 $50,000 $58,089 $46,799
4
Total4,960,000$6,200,000$7,203,036$5,803,058
5
Brokerage3%(148,800)000
6
Net4,811,200$6,200,000$7,203,036$5,803,058
7
8
Term (yrs)303015
9
Annual$206,667$240,101$386,871
10
Rate2.83%2.83%2.44%
11
PV$4,811,200$4,141,240$4,811,210$4,811,200
12
13
per acre$38,800$33,397$38,800$38,800
14
Difference($5,403)$0$0
15
16
17
18
19
20