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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 + tax strategy modeling.
  • 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
Address auto-fill (rent/rate/tax)
Yes — HUD + FRED + state 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
Tax strategy modeling (residential)
Pro — depreciation + interest + after-tax CF
Not the focus
Free tier
Yes — full residential underwriting
Free to browse listings; paid for intelligence
Pricing (entry tier)
Free; Pro $19/mo
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 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 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.

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.