Rabbu Data tracks the performance of Airbnb properties in the US. But how accurate is it?
When investing in the real estate market, especially in a short-term rental property, your number one goal is profitability. Even while you are still in the buying stage, you need to make sure that the residence you acquire can generate a high return of investment. But how can you know this if this will be your first time running an Airbnb? One way is to create an Airbnb investment analysis spreadsheet, which may take a lot of your precious time and be prone to errors and inaccuracies. A more efficient way is to use a real estate platform that already has the data you need to make your calculations. You just need to know which one is the best source for such analyses.
In this article, we will look at two of these platforms: Mashvisor and Rabbu Data. Continue reading to find out how accurate they are, and learn what else you can do on each website.
What Is Rabbu Data?
Rabbu Data is a platform for real estate investors who are seeking information on all things related to Airbnb data. Rabbu Data provides available Airbnb listings and their daily rates as well as the average occupancy for each US county that a property is in. These features help real estate investors determine how profitable a home can be based on how likely it will be rented.
Data from Rabbu focus only on short-term rental properties and vacation rental properties such as hotels and condominiums. As these are specific to short term rental markets, Rabbu Data more so only caters to real estate investors looking for Airbnb properties. If you are just a homeowner seeking information on how profitable your home could be in the future if you decided to sell, Rabbu Data is not the best place to access that information.
What Is Mashvisor?
Similar to Rabbu Data, Mashvisor is a real estate investing platform that offers investors and homeowners accurate and reliable data regarding their properties. We gather our real estate data from reliable sources such as Airbnb and MLS ( Multiple Listing Service) and use this data to create an analysis of how your property will perform both as an Airbnb and as a traditional rental. This analysis means Mashvisor is both useful to investors and homeowners.
Mashvisor also does much more than show a few key points of Airbnb data. We have tools to help you find profitable properties. You could also filter through thousands of properties to find your perfect Airbnb. Plus, we have a directory for you to find a real estate agent who can help you on your investment journey. Like Rabbu Data, you can use Mashvisor to access data regarding Airbnb analytics, though our tools provide a much more advanced Airbnb data analysis than any other platform available to investors.
One other feature of Mashvisor that sets it apart from similar real estate platforms is that we calculate our data in a slightly different way. Rather than providing investors or homeowners with the averages of Airbnb or traditional property data, Mashvisor uses the median. This is a more accurate measure for Airbnb market analysis as it eliminates all possible outliers that could completely change the averages of data you see on other platforms. Mashvisor uses this technique to ensure that you are making the best investment decisions on your properties.
Rabbu vs Mashvisor: What Tools Does Each Platform Offer?
A good way to determine whether Rabbu data or Mashvisor data has the best Airbnb analysis is to look at what tools or features each platform has. This overview can help you determine which platform will work best for you.
Investment Property Search
Before you can even think about beginning your journey in the real estate market, you first need to locate a property to invest in. Though you may think that coming across an investment property could be quite simple, it is actually more difficult than you might expect. There could be plenty of properties for sale in any area you are looking for, but none of them could be good for an investment property.
Rabbu data does not currently have any tools that allow you to search for possible investment properties. The platform instead provides data on how to increase the visibility of a property you already own.
Meanwhile, Mashvisor offers multiple tools to help you in the very beginning stages of your real estate investment journey. Some of these include the Real Estate Heatmap, Property Finder, and Mashvisor Property Marketplace. Below we will look a little more into these tools.
The Property Finder
Mashvisor’s Property Finder tool is a great option for you to find a profitable Airbnb property in any location. It lets you filter through properties to find one that fits all of your wants and needs. It can be extremely time-consuming to search through different websites to locate a property that works well for you. Mashvisor eliminates this lengthy search and helps you find a property in a matter of minutes. Some of the filters you can use to locate your perfect property are:
- Property Type
- Location (You can search through multiple cities in different states all at once)
- Rental Strategy (Traditional vs Airbnb)
- Number of Bedrooms
- Numbers of Bathrooms
The Real Estate Heatmap
Another difficult aspect of real estate investing is locating an area that will be profitable. Though you may know of a place that has a lot of tourism and attractions, that doesn’t necessarily mean it will be profitable for your Airbnb. The only way to determine if a city has high profit potential is by looking at the Airbnb data. Some of the best areas to invest in are ones you may not even know about yet. Mashvisor’s Heatmap helps you conduct a neighborhood analysis by providing real estate metrics such as:
- Airbnb Cash on Cash Return
- Airbnb Cap Rate
- Airbnb Occupancy Rate
- Airbnb Income
Mashvisor Property Marketplace
The Mashvisor Property Marketplace gives you access to the widest variety of available properties that might not be seen on other platforms. This tool includes foreclosures, bank-owned, short-sale, auctioned homes, and tenant-occupied rentals. It is perfect for both investors looking for a rental property as well as people looking to fix and flip properties. Like the other Mashvisor tools mentioned above, the Property Marketplace allows you to filter through these properties based on your budget, city, and property type.
Overall Data Analytics: What Do Rabbu and Mashvisor Offer?
Both Rabbu data and Mashvisor offer resources on Airbnb data. Though they have similar features for a comprehensive Airbnb analysis, both platforms actually use very different metrics and present their analyses in very different ways.
Rabbu Data Overall Analysis
Rabbu Airbnb data is composed of a quantitative analysis that is used to increase the viability of rental properties. This data is best suited for real estate investors, brokers, and agents who are looking to make their short-term rentals more successful. You can use Rabbu to search for your property, and then you are given an estimate of their monthly revenue, occupancy rate, and listing data. The platform shows estimates between the 25th percentile and the 75th percentile, along with the average.
Lastly, Rabbu data offers RevPAN ( revenue per available night). This is a good tool for helping you determine how much you should price your rental property to ensure you are making a profit. The RevPAN is calculated by multiplying the averages of the daily rate with the average of the occupancy rate.
This data can be a good resource for investors looking for Airbnb listing data, but is it the most accurate?
Mashvisor Overall Data Analysis
Similar to Rabbu data, Mashvisor offers a comprehensive analysis of all things Airbnb data and even provide some information that Rabbu data does not provide. One tool that is similar to Rabbu is Mashvisor’s Investment Property Calculator, also referred to as the Airbnb Calculator. This calculator offers a complete Airbnb investment property analysis which helps investors determine if a certain home will be a good investment. It is essential for your investment properties’ numbers to be in line to make sure that you will generate a profit. Calculating all of these numbers can be time-consuming and complicated, so Mashvisor developed a tool to make this process easy.
To use the Airbnb profit calculator, you simply search your investment property or features of one in an area that you are interested in. This tool has all of the data you need to determine if your rental investment will be profitable in that area, such as:
- Pre-Calculated Real Estate Data
- Airbnb Cash Flow
- Rental Expenses
- Airbnb Return on Investment
- Interest Rate
- Property Tax
- Possible Maintenance
Along with all of the possible costs associated with your Airbnb investment, Mashvisor’s Airbnb calculator includes an Airbnb property management feature. This feature is used to determine how the selected residence will perform as a vacation rental vs as a traditional rental. This helps you determine the best strategy for your investment.
As of this writing, Rabbu data does not offer any kind of Airbnb estimator. Rabbu data only provides its users some data regarding Airbnb properties such as occupancy rate, daily rate, and projected revenue.
Mashvisor vs Rabbu: What Is the Pricing for Each Platform?
If you are a real estate investor who is thinking of buying an Airbnb property, you want to ensure that you are spending your money wisely. This means considering all aspects of investing, even the pricing of the platforms you use to guide you through your investments. It is important to make sure that you are investing money into a platform that offers you the most services for the least amount of money.
Rabbu does offer a free trial but does not say how long this free service lasts and what tools are accessible within the free trial. To use Rabbu services such as its APIs and datasets, you have to pay around $30 each. They do offer some monthly and yearly pricing plans to access these services year-round. To get specific information on Rabbu pricing, you need to directly contact their support team.
Mashvisor is very open about its prices and offers multiple price plans for different types of users. It is likely you will find a plan that works best for you. Below are the three main plans that Mashvisor offers:
The Lite Plan: This is the most basic subscription to Mashvisor that costs $17.99 a month. With this plan, you can access Mashvisor’s market analysis tool to find data on your properties.
The Standard Plan: This is highly recommended if you are looking for investment properties. At $49.99 per month, you can access everything in the Lite Plan plus much more to help find the best investment property.
The Professional Plan: This lets you access every tool and service Mashvisor offers. This plan costs $79.99 per month and is recommended for real estate investors who want to access every tool needed to make the best investment decision.
Mashvisor also offers a free 7-day trial for you to access all of our tools and features for one week. Once the free trial is over, you may continue using the platform by choosing from one of the three plans, or cancel your account if you think it’s not right for you. Another way is to schedule a demo with one of our sales representatives to learn more about the platform in a shorter period.
Conclusion: Which Platform Is Better?
This article has explored all of the tools and services Rabbu data and Mashvisor offers. Investing in Airbnb properties can be tricky, and you should ensure that you are using the best resources to make your investment decisions. Data Rabbu only offers a few services on Airbnb data. This means you will likely have to visit other platforms or do your own research to get a complete analysis.
Meanwhile, Mashvisor has every tool and feature you may need all in one platform. This eliminates a lot of the stress that comes from researching Airbnb data. To get access to our real estate investment tools, click here to sign up for a 7-day free trial of Mashvisor today, followed by 15% off for life.