Hawaii

Hawaii House Flipping Profitability

out of 51

State Rank in Flip Profit

Array
(
    [0] => Array
        (
            [CountyName] => Hawaii
            [dma_name] => Honolulu, HI
            [flips] => 109
            [purchase_price] => 250953
            [resale_price] => 287491
            [gross_margin] => 36538
            [gross_margin_perc] => 14.5597
            [flipcount_rank] => 2
            [flipmargin_rank] => 4
        )

    [1] => Array
        (
            [CountyName] => Maui
            [dma_name] => Honolulu, HI
            [flips] => 99
            [purchase_price] => 419809
            [resale_price] => 483169
            [gross_margin] => 63360
            [gross_margin_perc] => 15.0926
            [flipcount_rank] => 3
            [flipmargin_rank] => 3
        )

    [2] => Array
        (
            [CountyName] => Honolulu
            [dma_name] => Honolulu, HI
            [flips] => 396
            [purchase_price] => 442394
            [resale_price] => 551209
            [gross_margin] => 108815
            [gross_margin_perc] => 24.5969
            [flipcount_rank] => 1
            [flipmargin_rank] => 2
        )

    [3] => Array
        (
            [CountyName] => Kauai
            [dma_name] => Honolulu, HI
            [flips] => 22
            [purchase_price] => 402950
            [resale_price] => 525000
            [gross_margin] => 122050
            [gross_margin_perc] => 30.2891
            [flipcount_rank] => 4
            [flipmargin_rank] => 1
        )

)
Top 5 Counties in HI
CountyMarket AreaProfit Margin
KauaiHonolulu, HI30%
HonoluluHonolulu, HI25%
MauiHonolulu, HI15%
HawaiiHonolulu, HI15%
Bottom 5 Counties in HI
CountyMarket AreaProfit Margin
HawaiiHonolulu, HI15%
MauiHonolulu, HI15%
HonoluluHonolulu, HI25%
KauaiHonolulu, HI30%

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).

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