Can you really save money with a SILT farm?

We asked a couple of really smart folks to work up some scenarios so beginning farmers could determine how spending a lifetime on a SILT farm or purchasing a farm with a SILT easement compares to the conventional purchase of an equivalent farm. See assumptions at the bottom. Special thanks to Research Assistant  Julia Radhakrishnan and Lyle Luzum for their work.

The Numbers We Used

NOTE: While the number of acres and cost per acre may vary, the relationship between conventional land ownership and SILT ownership will not change noticeably.