Stessa earned its reputation honestly. Connect your bank and mortgage accounts and it categorizes rent deposits and repair bills automatically, produces income statements, net-cash-flow reports and a Schedule of Real Estate Owned, and collects rent — with a genuinely useful free tier. For hands-off bookkeeping on a US portfolio, it is a strong default.
Where the approaches differ
The difference is what question each tool answers. Stessa answers "what happened in my accounts?" — it is accounting software. HypeCity's Portfolio Command Center answers "what should I do with this portfolio next?" — it is underwriting software. That leads to three practical gaps:
- Bank login vs. browser-only. Stessa's automation requires connecting your financial accounts. HypeCity stores the portfolio in your own browser — nothing is uploaded, no institution is linked. You trade some automation for complete data custody.
- US-centric vs. multi-currency. Stessa is built for US accounts. HypeCity tracks a Berlin flat in EUR next to an Austin duplex in USD, converts at your own FX rates, and stress-tests the FX exposure.
- Reports vs. verdicts. Stessa reports the past. HypeCity computes DSCR against the 1.20 lender floor, deal IRR to date, refinance windows at 70% LTV, break-even vacancy — and turns them into a next-best-action per property.
| Dimension | Stessa | HypeCity Tracker |
|---|---|---|
| Core job | Automated bookkeeping + rent collection | Portfolio underwriting + lender documents |
| Data source | Linked bank/mortgage accounts | Owner-entered, stored only in your browser |
| Geography | United States | Multi-currency, any country |
| Stress testing | — | Rate shock, rent drop, vacancy, FX — live |
| IRR / DSCR / refi window | — | Per property + portfolio, with verdicts |
| Lender-grade exports | Financial reports | REO schedule, full lender package, LP update, stress report, annual review |
| Market intelligence | — | Live Hype Score link per property across 24,051 neighborhoods |
| Price | Free tier + paid plans | Included in HypeCity plans |
Who should pick which
Pick Stessa if your portfolio is US-only and your pain is bookkeeping: you want transactions categorized automatically, rent collected online, and tax-time reports without spreadsheets.
Pick HypeCity if your pain is decisions: you hold properties in more than one currency, a lender keeps asking for an REO schedule, you want to know which property to refinance or exit first, and you would rather not hand a startup your bank credentials to find out.
Many investors will sensibly use both — Stessa for the books, HypeCity for the strategy.
See your portfolio's verdicts
Add your properties — or load the sample portfolio — and get DSCR, IRR, stress tests and five lender-grade exports in minutes. No bank connection.
Open the Portfolio Command Center →