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Honest comparison

TrueCap vs AirDNA: STR revenue data vs full underwriting

AirDNA is the gold standard for short-term rental market data — Airbnb / Vrbo occupancy rates, ADR, RevPAR by market and individual property. TrueCap is the underwriting calculator that turns AirDNA's revenue projections into a full deal analysis (cap rate, DSCR, cash flow, projection). AirDNA feeds the inputs; TrueCap runs the math.

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TL;DR

Use TrueCap when

  • You want a full underwriting analysis with cap rate, DSCR, cash flow.
  • You want financing math (PITI, amortization).
  • You want to compare LTR and STR scenarios on the same property.
  • You want a free tier that doesn't cap analyses.

Use AirDNA when

  • You want best-in-class STR revenue projections (ADR, occupancy, RevPAR).
  • You're evaluating multiple STR markets and need comparable data.
  • You want a property-level Rentalizer report from real Airbnb data.
  • You're scaling STR investments and need market intelligence.

Feature-by-feature

Side-by-side on every dimension that matters for a comparison-shopping investor.

FeatureTrueCapAirDNA
Primary purpose
Per-deal underwriting calculator
STR market + property revenue data
Cap rate / CoC / DSCR analysis
Yes — full engine, free tier
Not modeled
10-year projection
Pro — rent + expense + appreciation
Forward STR revenue forecast
Tax strategy modeling
Pro — depreciation + interest + after-tax CF
Not modeled
Deal score + verdict
Pro — 0-100 score + plain-English verdict
Property-level investibility score
STR revenue projection (ADR + occupancy)
Editable input only
Yes — best-in-class market data
Comparable STR listings nearby
No
Yes — Airbnb + Vrbo comp set
Long-term rent baseline
HUD Fair Market Rent
Not the focus
Mortgage + financing math
Yes — PITI + DSCR + amortization
Not included
Address auto-fill (rent/rate/tax)
Yes — HUD + FRED + state property tax
STR-specific data only
Free tier
Yes — full underwriting math
Free MarketMinder dashboard with limited data
Pricing (paid tier)
Pro $19/mo
Rentalizer ~$20-40 per property; Markets subscription $50-200+/mo (as of 2026)
Shareable read-only analysis
Pro — public URL + branding
PDF reports on paid tier

AirDNA details based on publicly available product info as of 2026. See airdna.co for their current state.

How STR investors use both

  1. Pick a target STR market in AirDNA. MarketMinder — occupancy rates, ADR, seasonality, regulations.
  2. Run a Rentalizer report on the specific property.AirDNA's address-level revenue projection ($20-40 per report).
  3. Plug AirDNA's projected monthly revenue into TrueCap.Override the HUD long-term rent field with AirDNA's STR estimate (e.g. annual revenue ÷ 12, discounted for vacancy + cleaning).
  4. Run the full underwrite in TrueCap. Cap rate, DSCR, cash flow, 10-year projection, tax strategy.
  5. Save the deal + revisit later. Re-run with updated AirDNA data when market conditions shift.

Want to see just the underwriting half? Try the cap rate calculator or the full TrueCap analyzer. Our guide on 60-second underwriting walks through the workflow end-to-end.

Common questions about TrueCap vs AirDNA

Quick answers to the questions investors comparison-shopping these tools actually ask.

Is TrueCap an AirDNA alternative?
No — they solve different problems. AirDNA is STR market + revenue data; TrueCap is the underwriting calculator. AirDNA feeds revenue inputs; TrueCap runs the cap rate / DSCR / cash flow math on top. STR investors typically use both.
AirDNA vs Mashvisor — which one for STR data?
AirDNA is more focused and considered the gold standard for STR-specific data (ADR, occupancy, RevPAR). Mashvisor covers STR too but also includes LTR data and broader market analysis. If STR is your primary strategy, AirDNA wins. If you toggle between LTR and STR, Mashvisor's broader scope wins.
Does AirDNA do cap rate or DSCR calculations?
No — AirDNA gives you projected STR revenue. You'd plug that revenue into a separate calculator (TrueCap, DealCheck, or your spreadsheet) to compute cap rate, DSCR, and cash flow.
How accurate are AirDNA's revenue projections?
They're the industry standard but not perfect. AirDNA's Rentalizer reports are derived from actual Airbnb + Vrbo data, so they're tighter than guesses but still depend on the property being a good comp match in the local market. Always run sensitivity (TrueCap Pro's sensitivity grid lets you stress-test) — what happens if AirDNA's projection is 20% high?
Can I use TrueCap free with AirDNA?
Yes — TrueCap's free tier covers the full underwriting math (cap rate, CoC, DSCR, cash flow). Pull AirDNA's monthly revenue projection, override TrueCap's HUD rent field with it, run the analysis. You don't need TrueCap Pro for the basic combined workflow.

Underwrite the next deal — free.

TrueCap free covers cap rate, CoC, DSCR, NCF, and monthly cash flow. Pro unlocks projections, sensitivity, tax strategy, exit scenarios, deal score, MAO, PDF exports, and shareable read-only deal links. No card to start.