Project Information

Subscription Agreement

Operating Agreement

Private Placement Memorandum

Incorporation

Investment

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Return

Rinehart Farm

Earn passive income by building a recession-resistant portfolio of institutional quality farmland.

One-Time Expense Reimbursement Fee

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Annual Management Fee

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All fees are applicable upon deal closure. FarmTogether will not charge fees during the syndication period or if the deal is canceled prior to close.

The total deal size is $1,275,634 and 100% of the deal will be funded with investor equity. The first payout will be made in April 2021 and annually thereafter in April each year. Almost 90% of the projected cash payouts are expected to be fixed lease with only 10% being dependent on corn prices. Corn prices in the $5 - $6.25/bushel range can lead to lease payouts 25% - 55% higher vs. base case. The hold period is 9 years but FarmTogether has an option to extend it two times by 1 year to make sure investors realize the best sale price.

Register for our live webinar on Rinehart Farm. At 7.3% Target Net IRR and 2.73% Target Net Cash Yield, this is a compelling row-crop offering comprised of 157 acres of corn and soybeans. We’ll discuss what makes this deal attractive, what differentiates this farm from our permanent crop deals, what makes corn and soybeans good protection against inflation, and finish with a live Q&A on why we selected this property.


Investment Deep-Dive

Investments are structured as interests in FarmTogether 204, LLC that in turn will directly own the title to Rinehart Farm. The investors, through the LLC, thus fully own the underlying asset. Farmland Opportunity will provide all services related to the day-to-day management of the farmland property.

There is a <a href="https://static.farmtogether.com/documents/Risk_Reward.pdf" target="_blank">risk factors list</a> related to the Rinehart Farm where each factor is judged to qualitatively add to the overall "Risk" profile. Each factor section has an explanation as to why the risk matters. Each risk is graded where the higher the number - the higher the risk. Combined, these factors converge to one position on our Risk-Reward Spectrum.

This is a farm with excellent soil, in a prime location with many other similar farms around it.

High-Quality Asset In Prime Location

Farmland Opportunity is one of the largest row crop investors in US with a tremendous team. Strong track record that exceeds the returns we project for this deal. The farmer for the next 3 years (and hopefully after) is well established and farms several other properties in the area.

Strong Sourcing/Management Partner and Great Farmer

Thanks to Farmland Opportunity’s relationships and reputation this deal was acquired at 7%+ discount to comparables.

Acquired At A Discount

This deal has zero debt on it and is a simple lease that makes it very easy to manage.

No Debt and Low Complexity

Most of the lease is purely cash basis and paid each year upfront. Lease payments, however, can go up if corn prices or soybean prices exceed our base case (see “Project Information” below for more info).

Predictable Returns but Also Potential For Upside

At this webinar, we discuss what makes Rinehart Farm an attractive row-crop, what differentiates this farm from our permanent crop deals, what makes corn and soybeans good protection against inflation and finish with a live Q&A on why we selected this property.