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.
| Feature | TrueCap | AirDNA |
|---|---|---|
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
- Pick a target STR market in AirDNA. MarketMinder — occupancy rates, ADR, seasonality, regulations.
- Run a Rentalizer report on the specific property.AirDNA's address-level revenue projection ($20-40 per report).
- 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).
- Run the full underwrite in TrueCap. Cap rate, DSCR, cash flow, 10-year projection, tax strategy.
- 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?
AirDNA vs Mashvisor — which one for STR data?
Does AirDNA do cap rate or DSCR calculations?
How accurate are AirDNA's revenue projections?
Can I use TrueCap free with AirDNA?
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.