Screw the whole “calculate the annual rent” thing. They’re not renting the property for a year, they’re not using it for any purpose but a couple of days of hunting.
Seriously, if I was looking at renting a 12 acre parcel next to housing, which might limit how I can use the property and in which directions I can shoot; and was just going to be hunting deer and small game…
There’s no way I’m paying more than about $200-300 tops. Hell, if we were to take two deer (questionable on a small plot) and a couple of small animals, that rental cost is adding at least a buck a pound to the cost of the meat.
Anything higher and it becomes cost-prohibitive to the hunter. No way I’d pay say, $1000 to hunt on that parcel.
But I suspect that in the end, it’s all going to come down to negotiations and even possible rent-in-trade (venison sausage).