1444 N Sherman Ave, Springfield, MO 65802

INVESTORS: If you are looking to start the year off right and looking for your next Flip or Value Added Investment CHECK OUT THIS DEAL! 1444 N Sherman Ave is a 3 bedroom 1 bath 1130 sq ft property that's currently For Sale "As-Is" and "Cash Only" for $15,000. No Owner Financing or Lease Purchase. This property will need a full renovation inside as it's quite dated and in disrepair, also a large tree branch fell on the front porch roof as seen in the picture above. Subjectively, the repair estimates are around $25k making an All-In cost at $38k. After-Repair values range from the high $60k's to lower $70k's. The Cap Rate (for investors), from rent in the area of $625, on an investment like this is around 17%. Additionally, it is feasible for the right homeowner with a construction background to live in while renovating the property. For additional Information Click Here -- Please call, text, or email with any questions that you might have. This property will not last long!