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Honest comparison

TrueCap vs BatchLeads: find motivated sellers vs underwrite the deals

BatchLeads is a lead-generation + skip-tracing + list-pulling platform — pull motivated-seller lists, get owner contact info, run direct mail and SMS campaigns. Direct competitor to PropStream, often a cheaper alternative. TrueCap is the underwriting calculator you'd use after BatchLeads surfaces a property.

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TL;DR

Use TrueCap when

  • You have an address and want to underwrite it.
  • You want cap rate, DSCR, cash flow, projection.
  • You're not running off-market direct mail campaigns.
  • You want a free tier with no monthly cap.

Use BatchLeads when

  • You source off-market deals via direct mail or SMS.
  • You need motivated-seller lists (pre-foreclosure, probate, vacant, tax-delinquent).
  • You need stacked filters (overlay multiple list types).
  • You want a PropStream alternative that's sometimes cheaper.

Feature-by-feature

Side-by-side on every dimension that matters for a comparison-shopping investor.

FeatureTrueCapBatchLeads
Primary purpose
Per-deal underwriting calculator
Lead gen + skip-tracing + list-pulling
Cap rate / CoC / DSCR analysis
Yes — full engine, free tier
Not modeled
10-year projection
Pro — rent + expense + appreciation
Not modeled
Tax strategy modeling
Pro — depreciation + interest + after-tax CF
Not modeled
Deal score + verdict
Pro — 0-100 score + plain-English verdict
Not applicable
Address auto-fill (rent/rate/tax)
Yes — HUD + FRED + state property tax
Property data only
Motivated-seller lists
No
Yes — pre-foreclosure, probate, vacant, etc.
Skip tracing
No
Yes — owner phone + email
Direct mail + SMS campaigns
No
Yes — built-in outreach
Stacked / multi-criteria lists
No
Yes — overlay multiple filters
Free tier
Yes — full underwriting math
Trial; paid from ~$99/mo (as of 2026)
Pricing (entry tier)
Free; Pro $19/mo
Standard ~$99/mo + per-skiptrace fees
Shareable read-only deal link
Pro — public URL + branding
Internal-only

BatchLeads details based on publicly available product info as of 2026. See batchleads.io for their current state.

How wholesalers + active investors use both

  1. Pull motivated-seller lists in BatchLeads. Probate, pre-foreclosure, vacant, tax-delinquent, absentee owner. Stack filters as needed.
  2. Skip-trace + outreach (mail / SMS / cold call). BatchLeads handles the outreach automation.
  3. Seller responds with an address. Now you have a real deal.
  4. Underwrite in TrueCap. Paste address; HUD rent, FRED rate, state tax pre-fill; run cap rate / DSCR / cash flow.
  5. Make the offer.Use TrueCap's MAO solver (Pro) to back into your max-bid.

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 BatchLeads

Quick answers to the questions investors comparison-shopping these tools actually ask.

Is TrueCap a BatchLeads alternative?
No — they solve different problems. BatchLeads finds motivated-seller leads and gives you owner contact info. TrueCap underwrites the property once you have the address. Most active off-market buyers use both.
BatchLeads vs PropStream — which one?
BatchLeads is generally cheaper and stronger on stacked filters (overlay multiple list types). PropStream has deeper public-records data and a more mature ecosystem. Wholesalers running tight mail margins lean BatchLeads; data-heavy operators lean PropStream. Some run both.
Does BatchLeads underwrite deals?
No — BatchLeads gives you leads and contact data. It doesn't calculate cap rate, DSCR, or cash flow. Use TrueCap, DealCheck, or a spreadsheet for the underwriting layer.
How does TrueCap's address auto-fill compare to BatchLeads' property data?
Different scope. BatchLeads has 150M+ properties with motivated-seller indicators (probate, foreclosure status, vacancy, tax delinquency, etc.). TrueCap pre-fills the underwriting-relevant data (HUD Fair Market Rent, FRED 30-year rate, state property tax) — three numbers, but the right three for cap rate and cash flow math. The two complement each other.
Can I use BatchLeads + TrueCap together?
Yes — the standard workflow for active off-market buyers. BatchLeads surfaces motivated-seller leads, you reach out and get a verbal price, paste the address into TrueCap and run the underwrite. Pro Deal Score + MAO solver helps you make a defensible offer.

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.

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