The following is the total income information based on the Farm Income and the Quarry Income.
Farm Income over six years = $72,000.00
Quarry Income over six years = $108,000.00
Total income over six years = $180,000.00
Average income per year over six years = $30,000.00
Purchase price of property = $600,000.00
Average annual income divided by sales price = 5%
The above is a conservative estimate of the potential of the income that can be produced from the property. The quarry income has the potential of being lucrative based on the infrastructure needs anticipated in the near future. Numerous projects are already scheduled for the surrounding counties by the Missouri Department of Transportation.