How accurate is Airdna?

[Bryan Keller]

I know it's been asked a million times but I need your opinions .

I'm in North Palm Beach, I put an offer on a gorgeous house with 3 beds and 1 bath with a pool. The owner claims it pulls 9k a month during the season. I live in the area so that sounds about right.

However, the property is already on Airbnb and when I looked at the statistics i found the exact home! it said that it pulled 40k a year 42% occupancy which is not good for my numbers... I’m very concerned because my offer was accepted…

A different website says this address should bring 80k a year and 62% occupation .

Im trying to do the enemy method but it's low season in Florida and most of the properties are vacant right now.

Should I ask the owner for proof of income?

Should I pull out of the offer? 

[Zach Edelman]

What I have found is that it is heavily dependent on the number of comps in the market you are looking for. The more data, the more accurate typically. Additionally, we as a lender have tracked the performance of STRs in which we lent using Air DNA projections to qualify the loan, and we actually have found that in most cases, it has been pretty spot on. My only qualm though I will say about Air DNA is that it doesn't take into account amenities.