Airdna Data Accuracy + Example

[Chris Cantrell]

Hi All,

I am building up a short term rental portfolio. I have seen various posts praising and critiquing different STR revenue estimators (Airdna, Mashvisor, etc.)

I am getting some value from Airdna but there are specific recurring issues which leave me confused. Curious if anyone else is encountering.

Common "error":

Stats from Airdna: 

  -Property Average daily = $120

  -Occupancy = 70%

  -Annual Revenue = $20k

You would expect $120 x 365 x 70% = Annual revenue however it calculates to ~$30k (not $20k) AND this is supposed to include cleaning fees.

This disconnect is present on way too many listings to mark it up to "calendar is mostly blocked."

Either Airdna is using hidden assumption or providing extremely poor data.

How exactly is their revenue calculated? 

Thanks!

-Chris