Tennessee

Tennessee House Flipping Profitability

out of 51

State Rank in Flip Profit

Array
(
    [0] => Array
        (
            [CountyName] => Benton
            [dma_name] => Nashville, TN
            [flips] => 6
            [purchase_price] => 2725
            [resale_price] => 1625
            [gross_margin] => -1100
            [gross_margin_perc] => -40.3670
            [flipcount_rank] => 83
            [flipmargin_rank] => 84
        )

    [1] => Array
        (
            [CountyName] => Johnson
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 16
            [purchase_price] => 79000
            [resale_price] => 48500
            [gross_margin] => -30500
            [gross_margin_perc] => -38.6076
            [flipcount_rank] => 73
            [flipmargin_rank] => 83
        )

    [2] => Array
        (
            [CountyName] => Wayne
            [dma_name] => Nashville, TN
            [flips] => 12
            [purchase_price] => 38250
            [resale_price] => 45000
            [gross_margin] => 6750
            [gross_margin_perc] => 17.6471
            [flipcount_rank] => 78
            [flipmargin_rank] => 82
        )

    [3] => Array
        (
            [CountyName] => Decatur
            [dma_name] => Jackson, TN
            [flips] => 11
            [purchase_price] => 39175
            [resale_price] => 50000
            [gross_margin] => 10825
            [gross_margin_perc] => 27.6324
            [flipcount_rank] => 82
            [flipmargin_rank] => 81
        )

    [4] => Array
        (
            [CountyName] => Wilson
            [dma_name] => Nashville, TN
            [flips] => 160
            [purchase_price] => 199716
            [resale_price] => 261313
            [gross_margin] => 61597
            [gross_margin_perc] => 30.8423
            [flipcount_rank] => 14
            [flipmargin_rank] => 80
        )

    [5] => Array
        (
            [CountyName] => Rutherford
            [dma_name] => Nashville, TN
            [flips] => 670
            [purchase_price] => 174000
            [resale_price] => 235000
            [gross_margin] => 61000
            [gross_margin_perc] => 35.0575
            [flipcount_rank] => 4
            [flipmargin_rank] => 79
        )

    [6] => Array
        (
            [CountyName] => Davidson
            [dma_name] => Nashville, TN
            [flips] => 1298
            [purchase_price] => 190185
            [resale_price] => 259421
            [gross_margin] => 69236
            [gross_margin_perc] => 36.4046
            [flipcount_rank] => 2
            [flipmargin_rank] => 78
        )

    [7] => Array
        (
            [CountyName] => Cheatham
            [dma_name] => Nashville, TN
            [flips] => 72
            [purchase_price] => 130500
            [resale_price] => 185000
            [gross_margin] => 54500
            [gross_margin_perc] => 41.7625
            [flipcount_rank] => 34
            [flipmargin_rank] => 77
        )

    [8] => Array
        (
            [CountyName] => Carroll
            [dma_name] => Jackson, TN
            [flips] => 30
            [purchase_price] => 40000
            [resale_price] => 57000
            [gross_margin] => 17000
            [gross_margin_perc] => 42.5000
            [flipcount_rank] => 54
            [flipmargin_rank] => 76
        )

    [9] => Array
        (
            [CountyName] => Williamson
            [dma_name] => Nashville, TN
            [flips] => 355
            [purchase_price] => 303067
            [resale_price] => 443318
            [gross_margin] => 140251
            [gross_margin_perc] => 46.2772
            [flipcount_rank] => 8
            [flipmargin_rank] => 75
        )

    [10] => Array
        (
            [CountyName] => Chester
            [dma_name] => Jackson, TN
            [flips] => 32
            [purchase_price] => 61360
            [resale_price] => 89950
            [gross_margin] => 28590
            [gross_margin_perc] => 46.5939
            [flipcount_rank] => 53
            [flipmargin_rank] => 74
        )

    [11] => Array
        (
            [CountyName] => Bledsoe
            [dma_name] => Chattanooga, TN
            [flips] => 6
            [purchase_price] => 30000
            [resale_price] => 44500
            [gross_margin] => 14500
            [gross_margin_perc] => 48.3333
            [flipcount_rank] => 83
            [flipmargin_rank] => 73
        )

    [12] => Array
        (
            [CountyName] => Jackson
            [dma_name] => Nashville, TN
            [flips] => 12
            [purchase_price] => 50000
            [resale_price] => 75500
            [gross_margin] => 25500
            [gross_margin_perc] => 51.0000
            [flipcount_rank] => 78
            [flipmargin_rank] => 72
        )

    [13] => Array
        (
            [CountyName] => Claiborne
            [dma_name] => Knoxville, TN
            [flips] => 50
            [purchase_price] => 67184
            [resale_price] => 103654
            [gross_margin] => 36470
            [gross_margin_perc] => 54.2838
            [flipcount_rank] => 47
            [flipmargin_rank] => 71
        )

    [14] => Array
        (
            [CountyName] => Sumner
            [dma_name] => Nashville, TN
            [flips] => 375
            [purchase_price] => 155320
            [resale_price] => 239787
            [gross_margin] => 84467
            [gross_margin_perc] => 54.3826
            [flipcount_rank] => 7
            [flipmargin_rank] => 70
        )

    [15] => Array
        (
            [CountyName] => Weakley
            [dma_name] => Paducah, KY-Cape Girardeau, MO-Harrisburg, IL
            [flips] => 25
            [purchase_price] => 50867
            [resale_price] => 80000
            [gross_margin] => 29133
            [gross_margin_perc] => 57.2729
            [flipcount_rank] => 60
            [flipmargin_rank] => 69
        )

    [16] => Array
        (
            [CountyName] => Union
            [dma_name] => Knoxville, TN
            [flips] => 24
            [purchase_price] => 68500
            [resale_price] => 108750
            [gross_margin] => 40250
            [gross_margin_perc] => 58.7591
            [flipcount_rank] => 62
            [flipmargin_rank] => 68
        )

    [17] => Array
        (
            [CountyName] => Marshall
            [dma_name] => Nashville, TN
            [flips] => 70
            [purchase_price] => 103000
            [resale_price] => 163600
            [gross_margin] => 60600
            [gross_margin_perc] => 58.8350
            [flipcount_rank] => 35
            [flipmargin_rank] => 67
        )

    [18] => Array
        (
            [CountyName] => Hardeman
            [dma_name] => Memphis, TN
            [flips] => 18
            [purchase_price] => 40750
            [resale_price] => 65875
            [gross_margin] => 25125
            [gross_margin_perc] => 61.6564
            [flipcount_rank] => 69
            [flipmargin_rank] => 66
        )

    [19] => Array
        (
            [CountyName] => Montgomery
            [dma_name] => Nashville, TN
            [flips] => 528
            [purchase_price] => 98729
            [resale_price] => 160189
            [gross_margin] => 61461
            [gross_margin_perc] => 62.2522
            [flipcount_rank] => 6
            [flipmargin_rank] => 65
        )

    [20] => Array
        (
            [CountyName] => Washington
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 179
            [purchase_price] => 83025
            [resale_price] => 135098
            [gross_margin] => 52073
            [gross_margin_perc] => 62.7197
            [flipcount_rank] => 13
            [flipmargin_rank] => 64
        )

    [21] => Array
        (
            [CountyName] => Hawkins
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 58
            [purchase_price] => 64121
            [resale_price] => 105378
            [gross_margin] => 41257
            [gross_margin_perc] => 64.3424
            [flipcount_rank] => 41
            [flipmargin_rank] => 63
        )

    [22] => Array
        (
            [CountyName] => Knox
            [dma_name] => Knoxville, TN
            [flips] => 827
            [purchase_price] => 103443
            [resale_price] => 171382
            [gross_margin] => 67939
            [gross_margin_perc] => 65.6777
            [flipcount_rank] => 3
            [flipmargin_rank] => 62
        )

    [23] => Array
        (
            [CountyName] => Lauderdale
            [dma_name] => Memphis, TN
            [flips] => 18
            [purchase_price] => 52800
            [resale_price] => 88500
            [gross_margin] => 35700
            [gross_margin_perc] => 67.6136
            [flipcount_rank] => 69
            [flipmargin_rank] => 61
        )

    [24] => Array
        (
            [CountyName] => Henderson
            [dma_name] => Jackson, TN
            [flips] => 19
            [purchase_price] => 56500
            [resale_price] => 95000
            [gross_margin] => 38500
            [gross_margin_perc] => 68.1416
            [flipcount_rank] => 68
            [flipmargin_rank] => 60
        )

    [25] => Array
        (
            [CountyName] => Dyer
            [dma_name] => Memphis, TN
            [flips] => 52
            [purchase_price] => 55000
            [resale_price] => 93500
            [gross_margin] => 38500
            [gross_margin_perc] => 70.0000
            [flipcount_rank] => 45
            [flipmargin_rank] => 59
        )

    [26] => Array
        (
            [CountyName] => Robertson
            [dma_name] => Nashville, TN
            [flips] => 157
            [purchase_price] => 120000
            [resale_price] => 205250
            [gross_margin] => 85250
            [gross_margin_perc] => 71.0417
            [flipcount_rank] => 15
            [flipmargin_rank] => 58
        )

    [27] => Array
        (
            [CountyName] => Hardin
            [dma_name] => Jackson, TN
            [flips] => 49
            [purchase_price] => 40000
            [resale_price] => 69000
            [gross_margin] => 29000
            [gross_margin_perc] => 72.5000
            [flipcount_rank] => 49
            [flipmargin_rank] => 57
        )

    [28] => Array
        (
            [CountyName] => Haywood
            [dma_name] => Memphis, TN
            [flips] => 16
            [purchase_price] => 42550
            [resale_price] => 74000
            [gross_margin] => 31450
            [gross_margin_perc] => 73.9130
            [flipcount_rank] => 73
            [flipmargin_rank] => 56
        )

    [29] => Array
        (
            [CountyName] => Trousdale
            [dma_name] => Nashville, TN
            [flips] => 14
            [purchase_price] => 83000
            [resale_price] => 149950
            [gross_margin] => 66950
            [gross_margin_perc] => 80.6627
            [flipcount_rank] => 77
            [flipmargin_rank] => 55
        )

    [30] => Array
        (
            [CountyName] => Giles
            [dma_name] => Nashville, TN
            [flips] => 56
            [purchase_price] => 60351
            [resale_price] => 109098
            [gross_margin] => 48747
            [gross_margin_perc] => 80.7725
            [flipcount_rank] => 43
            [flipmargin_rank] => 54
        )

    [31] => Array
        (
            [CountyName] => Meigs
            [dma_name] => Chattanooga, TN
            [flips] => 15
            [purchase_price] => 30415
            [resale_price] => 55000
            [gross_margin] => 24585
            [gross_margin_perc] => 80.8318
            [flipcount_rank] => 76
            [flipmargin_rank] => 53
        )

    [32] => Array
        (
            [CountyName] => Mcnairy
            [dma_name] => Memphis, TN
            [flips] => 29
            [purchase_price] => 40000
            [resale_price] => 72500
            [gross_margin] => 32500
            [gross_margin_perc] => 81.2500
            [flipcount_rank] => 55
            [flipmargin_rank] => 52
        )

    [33] => Array
        (
            [CountyName] => Carter
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 62
            [purchase_price] => 64015
            [resale_price] => 116782
            [gross_margin] => 52768
            [gross_margin_perc] => 82.4307
            [flipcount_rank] => 38
            [flipmargin_rank] => 51
        )

    [34] => Array
        (
            [CountyName] => Grainger
            [dma_name] => Knoxville, TN
            [flips] => 17
            [purchase_price] => 45506
            [resale_price] => 84518
            [gross_margin] => 39012
            [gross_margin_perc] => 85.7294
            [flipcount_rank] => 72
            [flipmargin_rank] => 50
        )

    [35] => Array
        (
            [CountyName] => Shelby
            [dma_name] => Memphis, TN
            [flips] => 2219
            [purchase_price] => 60274
            [resale_price] => 111992
            [gross_margin] => 51718
            [gross_margin_perc] => 85.8048
            [flipcount_rank] => 1
            [flipmargin_rank] => 49
        )

    [36] => Array
        (
            [CountyName] => Monroe
            [dma_name] => Knoxville, TN
            [flips] => 83
            [purchase_price] => 49593
            [resale_price] => 92946
            [gross_margin] => 43353
            [gross_margin_perc] => 87.4176
            [flipcount_rank] => 30
            [flipmargin_rank] => 48
        )

    [37] => Array
        (
            [CountyName] => Putnam
            [dma_name] => Nashville, TN
            [flips] => 154
            [purchase_price] => 81526
            [resale_price] => 154091
            [gross_margin] => 72565
            [gross_margin_perc] => 89.0084
            [flipcount_rank] => 16
            [flipmargin_rank] => 47
        )

    [38] => Array
        (
            [CountyName] => Hamilton
            [dma_name] => Chattanooga, TN
            [flips] => 648
            [purchase_price] => 89861
            [resale_price] => 170056
            [gross_margin] => 80194
            [gross_margin_perc] => 89.2423
            [flipcount_rank] => 5
            [flipmargin_rank] => 46
        )

    [39] => Array
        (
            [CountyName] => Crockett
            [dma_name] => Memphis, TN
            [flips] => 12
            [purchase_price] => 62500
            [resale_price] => 118950
            [gross_margin] => 56450
            [gross_margin_perc] => 90.3200
            [flipcount_rank] => 78
            [flipmargin_rank] => 45
        )

    [40] => Array
        (
            [CountyName] => Bradley
            [dma_name] => Chattanooga, TN
            [flips] => 189
            [purchase_price] => 79989
            [resale_price] => 152535
            [gross_margin] => 72546
            [gross_margin_perc] => 90.6950
            [flipcount_rank] => 12
            [flipmargin_rank] => 44
        )

    [41] => Array
        (
            [CountyName] => White
            [dma_name] => Nashville, TN
            [flips] => 86
            [purchase_price] => 58221
            [resale_price] => 111584
            [gross_margin] => 53363
            [gross_margin_perc] => 91.6559
            [flipcount_rank] => 29
            [flipmargin_rank] => 43
        )

    [42] => Array
        (
            [CountyName] => Mcminn
            [dma_name] => Chattanooga, TN
            [flips] => 74
            [purchase_price] => 58000
            [resale_price] => 111950
            [gross_margin] => 53950
            [gross_margin_perc] => 93.0172
            [flipcount_rank] => 33
            [flipmargin_rank] => 42
        )

    [43] => Array
        (
            [CountyName] => Campbell
            [dma_name] => Knoxville, TN
            [flips] => 54
            [purchase_price] => 59000
            [resale_price] => 114000
            [gross_margin] => 55000
            [gross_margin_perc] => 93.2203
            [flipcount_rank] => 44
            [flipmargin_rank] => 41
        )

    [44] => Array
        (
            [CountyName] => Obion
            [dma_name] => Paducah, KY-Cape Girardeau, MO-Harrisburg, IL
            [flips] => 22
            [purchase_price] => 40000
            [resale_price] => 78000
            [gross_margin] => 38000
            [gross_margin_perc] => 95.0000
            [flipcount_rank] => 65
            [flipmargin_rank] => 40
        )

    [45] => Array
        (
            [CountyName] => Tipton
            [dma_name] => Memphis, TN
            [flips] => 89
            [purchase_price] => 74101
            [resale_price] => 145000
            [gross_margin] => 70899
            [gross_margin_perc] => 95.6789
            [flipcount_rank] => 28
            [flipmargin_rank] => 39
        )

    [46] => Array
        (
            [CountyName] => Polk
            [dma_name] => Chattanooga, TN
            [flips] => 27
            [purchase_price] => 46000
            [resale_price] => 90200
            [gross_margin] => 44200
            [gross_margin_perc] => 96.0870
            [flipcount_rank] => 58
            [flipmargin_rank] => 38
        )

    [47] => Array
        (
            [CountyName] => Sequatchie
            [dma_name] => Chattanooga, TN
            [flips] => 24
            [purchase_price] => 64155
            [resale_price] => 127450
            [gross_margin] => 63295
            [gross_margin_perc] => 98.6595
            [flipcount_rank] => 62
            [flipmargin_rank] => 37
        )

    [48] => Array
        (
            [CountyName] => Warren
            [dma_name] => Nashville, TN
            [flips] => 100
            [purchase_price] => 58750
            [resale_price] => 118200
            [gross_margin] => 59450
            [gross_margin_perc] => 101.1915
            [flipcount_rank] => 24
            [flipmargin_rank] => 36
        )

    [49] => Array
        (
            [CountyName] => Unicoi
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 18
            [purchase_price] => 62400
            [resale_price] => 125750
            [gross_margin] => 63350
            [gross_margin_perc] => 101.5224
            [flipcount_rank] => 69
            [flipmargin_rank] => 35
        )

    [50] => Array
        (
            [CountyName] => Macon
            [dma_name] => Nashville, TN
            [flips] => 60
            [purchase_price] => 49897
            [resale_price] => 101052
            [gross_margin] => 51155
            [gross_margin_perc] => 102.5212
            [flipcount_rank] => 40
            [flipmargin_rank] => 34
        )

    [51] => Array
        (
            [CountyName] => Lawrence
            [dma_name] => Nashville, TN
            [flips] => 61
            [purchase_price] => 55903
            [resale_price] => 114836
            [gross_margin] => 58933
            [gross_margin_perc] => 105.4201
            [flipcount_rank] => 39
            [flipmargin_rank] => 33
        )

    [52] => Array
        (
            [CountyName] => Bedford
            [dma_name] => Nashville, TN
            [flips] => 117
            [purchase_price] => 82158
            [resale_price] => 169926
            [gross_margin] => 87768
            [gross_margin_perc] => 106.8283
            [flipcount_rank] => 20
            [flipmargin_rank] => 32
        )

    [53] => Array
        (
            [CountyName] => Sullivan
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 271
            [purchase_price] => 60374
            [resale_price] => 127825
            [gross_margin] => 67451
            [gross_margin_perc] => 111.7219
            [flipcount_rank] => 10
            [flipmargin_rank] => 31
        )

    [54] => Array
        (
            [CountyName] => Maury
            [dma_name] => Nashville, TN
            [flips] => 285
            [purchase_price] => 105857
            [resale_price] => 225981
            [gross_margin] => 120124
            [gross_margin_perc] => 113.4776
            [flipcount_rank] => 9
            [flipmargin_rank] => 30
        )

    [55] => Array
        (
            [CountyName] => Henry
            [dma_name] => Nashville, TN
            [flips] => 46
            [purchase_price] => 39500
            [resale_price] => 84500
            [gross_margin] => 45000
            [gross_margin_perc] => 113.9241
            [flipcount_rank] => 50
            [flipmargin_rank] => 29
        )

    [56] => Array
        (
            [CountyName] => Cumberland
            [dma_name] => Knoxville, TN
            [flips] => 115
            [purchase_price] => 58826
            [resale_price] => 129209
            [gross_margin] => 70383
            [gross_margin_perc] => 119.6461
            [flipcount_rank] => 22
            [flipmargin_rank] => 28
        )

    [57] => Array
        (
            [CountyName] => Anderson
            [dma_name] => Knoxville, TN
            [flips] => 117
            [purchase_price] => 66308
            [resale_price] => 145705
            [gross_margin] => 79397
            [gross_margin_perc] => 119.7397
            [flipcount_rank] => 20
            [flipmargin_rank] => 27
        )

    [58] => Array
        (
            [CountyName] => Coffee
            [dma_name] => Nashville, TN
            [flips] => 115
            [purchase_price] => 63235
            [resale_price] => 139823
            [gross_margin] => 76588
            [gross_margin_perc] => 121.1165
            [flipcount_rank] => 22
            [flipmargin_rank] => 26
        )

    [59] => Array
        (
            [CountyName] => Hamblen
            [dma_name] => Knoxville, TN
            [flips] => 124
            [purchase_price] => 59073
            [resale_price] => 131686
            [gross_margin] => 72614
            [gross_margin_perc] => 122.9225
            [flipcount_rank] => 19
            [flipmargin_rank] => 25
        )

    [60] => Array
        (
            [CountyName] => Gibson
            [dma_name] => Memphis, TN
            [flips] => 57
            [purchase_price] => 55587
            [resale_price] => 125000
            [gross_margin] => 69413
            [gross_margin_perc] => 124.8727
            [flipcount_rank] => 42
            [flipmargin_rank] => 24
        )

    [61] => Array
        (
            [CountyName] => Franklin
            [dma_name] => Nashville, TN
            [flips] => 83
            [purchase_price] => 61790
            [resale_price] => 139818
            [gross_margin] => 78028
            [gross_margin_perc] => 126.2793
            [flipcount_rank] => 30
            [flipmargin_rank] => 23
        )

    [62] => Array
        (
            [CountyName] => Rhea
            [dma_name] => Chattanooga, TN
            [flips] => 50
            [purchase_price] => 55360
            [resale_price] => 125548
            [gross_margin] => 70188
            [gross_margin_perc] => 126.7847
            [flipcount_rank] => 47
            [flipmargin_rank] => 22
        )

    [63] => Array
        (
            [CountyName] => Marion
            [dma_name] => Chattanooga, TN
            [flips] => 23
            [purchase_price] => 55000
            [resale_price] => 125000
            [gross_margin] => 70000
            [gross_margin_perc] => 127.2727
            [flipcount_rank] => 64
            [flipmargin_rank] => 21
        )

    [64] => Array
        (
            [CountyName] => Greene
            [dma_name] => Tri-Cities, TN-VA
            [flips] => 91
            [purchase_price] => 53124
            [resale_price] => 121234
            [gross_margin] => 68110
            [gross_margin_perc] => 128.2095
            [flipcount_rank] => 27
            [flipmargin_rank] => 20
        )

    [65] => Array
        (
            [CountyName] => Smith
            [dma_name] => Nashville, TN
            [flips] => 39
            [purchase_price] => 63231
            [resale_price] => 145038
            [gross_margin] => 81808
            [gross_margin_perc] => 129.3796
            [flipcount_rank] => 51
            [flipmargin_rank] => 19
        )

    [66] => Array
        (
            [CountyName] => Madison
            [dma_name] => Jackson, TN
            [flips] => 152
            [purchase_price] => 60513
            [resale_price] => 141863
            [gross_margin] => 81350
            [gross_margin_perc] => 134.4339
            [flipcount_rank] => 17
            [flipmargin_rank] => 18
        )

    [67] => Array
        (
            [CountyName] => Lincoln
            [dma_name] => Huntsville-Decatur (Florence), AL
            [flips] => 66
            [purchase_price] => 52777
            [resale_price] => 124671
            [gross_margin] => 71894
            [gross_margin_perc] => 136.2222
            [flipcount_rank] => 36
            [flipmargin_rank] => 17
        )

    [68] => Array
        (
            [CountyName] => Dickson
            [dma_name] => Nashville, TN
            [flips] => 100
            [purchase_price] => 77000
            [resale_price] => 183500
            [gross_margin] => 106500
            [gross_margin_perc] => 138.3117
            [flipcount_rank] => 24
            [flipmargin_rank] => 16
        )

    [69] => Array
        (
            [CountyName] => Roane
            [dma_name] => Knoxville, TN
            [flips] => 75
            [purchase_price] => 49933
            [resale_price] => 119367
            [gross_margin] => 69433
            [gross_margin_perc] => 139.0523
            [flipcount_rank] => 32
            [flipmargin_rank] => 15
        )

    [70] => Array
        (
            [CountyName] => Blount
            [dma_name] => Knoxville, TN
            [flips] => 63
            [purchase_price] => 75000
            [resale_price] => 179900
            [gross_margin] => 104900
            [gross_margin_perc] => 139.8667
            [flipcount_rank] => 37
            [flipmargin_rank] => 14
        )

    [71] => Array
        (
            [CountyName] => Jefferson
            [dma_name] => Knoxville, TN
            [flips] => 96
            [purchase_price] => 66331
            [resale_price] => 159354
            [gross_margin] => 93024
            [gross_margin_perc] => 140.2421
            [flipcount_rank] => 26
            [flipmargin_rank] => 13
        )

    [72] => Array
        (
            [CountyName] => Humphreys
            [dma_name] => Nashville, TN
            [flips] => 22
            [purchase_price] => 39500
            [resale_price] => 101500
            [gross_margin] => 62000
            [gross_margin_perc] => 156.9620
            [flipcount_rank] => 65
            [flipmargin_rank] => 12
        )

    [73] => Array
        (
            [CountyName] => Grundy
            [dma_name] => Chattanooga, TN
            [flips] => 12
            [purchase_price] => 20500
            [resale_price] => 54000
            [gross_margin] => 33500
            [gross_margin_perc] => 163.4146
            [flipcount_rank] => 78
            [flipmargin_rank] => 11
        )

    [74] => Array
        (
            [CountyName] => Fayette
            [dma_name] => Memphis, TN
            [flips] => 52
            [purchase_price] => 69135
            [resale_price] => 196892
            [gross_margin] => 127758
            [gross_margin_perc] => 184.7950
            [flipcount_rank] => 45
            [flipmargin_rank] => 10
        )

    [75] => Array
        (
            [CountyName] => Hickman
            [dma_name] => Nashville, TN
            [flips] => 38
            [purchase_price] => 60234
            [resale_price] => 175395
            [gross_margin] => 115161
            [gross_margin_perc] => 191.1894
            [flipcount_rank] => 52
            [flipmargin_rank] => 9
        )

    [76] => Array
        (
            [CountyName] => Lewis
            [dma_name] => Nashville, TN
            [flips] => 16
            [purchase_price] => 25000
            [resale_price] => 78150
            [gross_margin] => 53150
            [gross_margin_perc] => 212.6000
            [flipcount_rank] => 73
            [flipmargin_rank] => 8
        )

    [77] => Array
        (
            [CountyName] => Dekalb
            [dma_name] => Nashville, TN
            [flips] => 26
            [purchase_price] => 50481
            [resale_price] => 158192
            [gross_margin] => 107712
            [gross_margin_perc] => 213.3714
            [flipcount_rank] => 59
            [flipmargin_rank] => 7
        )

    [78] => Array
        (
            [CountyName] => Sevier
            [dma_name] => Knoxville, TN
            [flips] => 196
            [purchase_price] => 61263
            [resale_price] => 194656
            [gross_margin] => 133393
            [gross_margin_perc] => 217.7383
            [flipcount_rank] => 11
            [flipmargin_rank] => 6
        )

    [79] => Array
        (
            [CountyName] => Cannon
            [dma_name] => Nashville, TN
            [flips] => 21
            [purchase_price] => 50000
            [resale_price] => 162900
            [gross_margin] => 112900
            [gross_margin_perc] => 225.8000
            [flipcount_rank] => 67
            [flipmargin_rank] => 5
        )

    [80] => Array
        (
            [CountyName] => Loudon
            [dma_name] => Knoxville, TN
            [flips] => 136
            [purchase_price] => 44967
            [resale_price] => 156257
            [gross_margin] => 111290
            [gross_margin_perc] => 247.4926
            [flipcount_rank] => 18
            [flipmargin_rank] => 4
        )

    [81] => Array
        (
            [CountyName] => Overton
            [dma_name] => Nashville, TN
            [flips] => 28
            [purchase_price] => 25500
            [resale_price] => 90750
            [gross_margin] => 65250
            [gross_margin_perc] => 255.8824
            [flipcount_rank] => 56
            [flipmargin_rank] => 3
        )

    [82] => Array
        (
            [CountyName] => Cocke
            [dma_name] => Knoxville, TN
            [flips] => 28
            [purchase_price] => 30067
            [resale_price] => 133246
            [gross_margin] => 103179
            [gross_margin_perc] => 343.1636
            [flipcount_rank] => 56
            [flipmargin_rank] => 2
        )

    [83] => Array
        (
            [CountyName] => Fentress
            [dma_name] => Knoxville, TN
            [flips] => 25
            [purchase_price] => 19800
            [resale_price] => 97796
            [gross_margin] => 77996
            [gross_margin_perc] => 393.9192
            [flipcount_rank] => 60
            [flipmargin_rank] => 1
        )

)
Top 5 Counties in TN
CountyMarket AreaProfit Margin
FentressKnoxville, TN394%
CockeKnoxville, TN343%
OvertonNashville, TN256%
LoudonKnoxville, TN247%
CannonNashville, TN226%
SevierKnoxville, TN218%
Bottom 5 Counties in TN
CountyMarket AreaProfit Margin
BentonNashville, TN-40%
JohnsonTri-Cities, TN-VA-39%
WayneNashville, TN18%
DecaturJackson, TN28%
WilsonNashville, TN31%
RutherfordNashville, TN35%

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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