out of 51
State Rank in Flip Profit
Array
(
[0] => Array
(
[CountyName] => Anchorage
[dma_name] => Anchorage, AK
[flips] => 62
[purchase_price] => 273658
[resale_price] => 337395
[gross_margin] => 63737
[gross_margin_perc] => 23.2907
[flipcount_rank] => 1
[flipmargin_rank] => 3
)
[1] => Array
(
[CountyName] => Matanuska-Susitna
[dma_name] => Anchorage, AK
[flips] => 55
[purchase_price] => 187500
[resale_price] => 258667
[gross_margin] => 71167
[gross_margin_perc] => 37.9557
[flipcount_rank] => 2
[flipmargin_rank] => 2
)
[2] => Array
(
[CountyName] => Kenai Peninsula
[dma_name] => Anchorage, AK
[flips] => 9
[purchase_price] => 119608
[resale_price] => 195573
[gross_margin] => 75965
[gross_margin_perc] => 63.5116
[flipcount_rank] => 3
[flipmargin_rank] => 1
)
)
Top 5 Counties in AK
| County | Market Area | Profit Margin |
|---|
| Kenai Peninsula | Anchorage, AK | 64% |
|---|
| Matanuska-Susitna | Anchorage, AK | 38% |
|---|
| Anchorage | Anchorage, AK | 23% |
|---|
Bottom 5 Counties in AK
| County | Market Area | Profit Margin |
|---|
| Anchorage | Anchorage, AK | 23% |
|---|
| Matanuska-Susitna | Anchorage, AK | 38% |
|---|
| Kenai Peninsula | Anchorage, AK | 64% |
|---|
We calculate the profit margin by subtracting the original purchase price of the home from the new resale price across the average flipped house in that particular region (zip, county, or state).
