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Honest comparison

TrueCap vs Crexi: residential underwriting vs commercial marketplace

Crexi is a commercial real-estate marketplace + intelligence platform — the modern LoopNet alternative for CRE listings, sale comps, lease data, and broker tools. TrueCap is a residential rental underwriting calculator — single-family, small multifamily, owner-occupant. Different asset classes. Investors who do both residential and commercial may use Crexi for sourcing CRE deals and TrueCap for residential.

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TL;DR

Use TrueCap when

  • You're underwriting residential rentals (SFR, 2-4 unit multifamily, owner-occupant).
  • You want cap rate, CoC, DSCR, cash flow on a specific residential address.
  • You want financing math + an illustrative tax-impact model.
  • You're not evaluating commercial deals.

Use Crexi when

  • You're sourcing commercial real estate (office, retail, industrial, large multifamily).
  • You need a CRE listings marketplace + comp database.
  • You're a CRE broker managing listings, offers, and tenants.
  • You're evaluating commercial deals where Crexi's data is the comp source.

Feature-by-feature

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

FeatureTrueCapCrexi
Primary asset class
Residential (SFR, small multifamily, owner-occupant)
Commercial (office, retail, industrial, large multifamily)
Lifecycle stage
Per-deal underwriting calculator
Marketplace + intelligence
Cap rate / CoC / DSCR analysis
Yes — full engine for residential
Listing-level cap rate; no per-deal calc engine
10-year projection
Pro — residential rent + expense + appreciation
Not modeled
Starting values (rent/rate/tax)
HUD rent + FRED rate + manual local property tax (residential)
Listing-pulled CRE data
CRE listings (office, retail, industrial)
No — residential focus
Yes — 500k+ active CRE listings
CRE sale + lease comps
No
Yes — national CRE comp database
Broker tools (offer management)
No
Yes — built for CRE brokers
Tenant info (CRE)
Not applicable
Yes — public-record tenant data
Free tier
Yes — full residential underwriting
Free to browse listings; paid for intelligence
Pricing (entry tier)
Free core; paid Pro — see live pricing
Free for buyers/browsers; Intelligence ~$100+/mo

Crexi details based on publicly available product info as of 2026. See crexi.com for their current state.

When investors use both

  1. If you do both residential and CRE. TrueCap underwrites your residential deals; Crexi sources and provides comps for your CRE deals.
  2. For CRE underwriting specifically. Crexi shows you the deal + market comps; you'd run the CRE underwrite in a dedicated CRE calculator (Argus, CrowdStreet's tools, or a CRE spreadsheet model).
  3. If you're purely residential. TrueCap is enough; Crexi is overkill — the residential MLS or Roofstock-style platforms are a better fit.

Want the residential underwriting half on its own? The free closing cost calculator sizes the cash you actually need at the table, and the full TrueCap analyzer returns cap rate, DSCR, and cash flow from an address — no CRE model required. Our guide on 60-second underwriting walks through the workflow end-to-end.

Common questions about TrueCap vs Crexi

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

Is TrueCap a Crexi alternative?
No — different asset classes. Crexi is commercial real estate (office, retail, industrial, large multifamily). TrueCap is residential (single-family, small multifamily, owner-occupant). The two don't overlap meaningfully.
Crexi vs LoopNet — which one?
Both are major CRE marketplaces. Crexi is newer, has more modern UX, and is increasingly the broker-preferred platform. LoopNet (owned by CoStar) has deeper historical listings + integration with CoStar's broader data. For active buyers, Crexi tends to be faster to search; for institutional research, LoopNet + CoStar is the deeper data source.
Does TrueCap support commercial real estate?
Not really — we're built for residential underwriting (SFR, 2-4 unit, owner-occupant). Commercial deals (office, retail, industrial) have entirely different cash-flow math, lease structures, and metrics (NOI multiples, vacancy by tenant type, TI / LC allowances). For CRE underwriting use Argus, RealNex, or a dedicated CRE spreadsheet.
Is Crexi free?
Free for buyers to browse listings and basic search. Paid for advanced intelligence features (sale comps, lease data, broker tools, advanced analytics) — typically $100+ per month depending on tier.
Can I use TrueCap for small multifamily commercial deals?
Yes — TrueCap supports residential multifamily up to about 4 units. The owner-occupant property type also handles small multifamily configurations. For 5+ unit multifamily that's classified as commercial financing, the math gets different (commercial loans + DSCR underwriting standards) and you'd want a dedicated multifamily calculator.

Sources & methodology: Feature and pricing rows reflect Crexi's publicly listed information, last reviewed June 2026. Vendors change features and prices often — verify current details on Crexi's own site. Where TrueCap claims “sourced defaults,” that refers specifically to an editable HUD area-rent benchmark and the FRED owner-occupied 30-year mortgage-rate benchmark. Property tax is a manual local input with a disclosed generic fallback, not a state-data auto-fill.

On price, plainly

Tools in this space run from free to well above TrueCap — check Crexi's live pricing for their current number. What TrueCap's price buys is the decision layer, not more calculation: an Offer Ceiling under your selected targets, rule-fit results for your Buy Box with reasons, the downside stress test, and assumptions that are source-labeled instead of silently defaulted. Whether that workflow justifies the price depends on your volume, verification process, and existing tools.

Ready to run a real deal and compare the screening results yourself?

Free 60-second analysis with labeled starting assumptions and no signup. Pro calculates the highest modeled Offer Ceiling that still meets your selected targets under the assumptions shown.

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TrueCap free covers cap rate, CoC, DSCR, NCF, and monthly cash flow. Pro adds 10-year cash-flow and equity projections, sensitivity, Offer Ceiling, co-branded share links, and PDF reports with Pro; see live pricing for current terms. No card to start.