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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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Free analyzer: no card or signup

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
Secondary Screening Index
Free — 0-100 triage score + factor breakdown
Not applicable
Starting values (rent/rate/tax)
HUD rent + FRED rate + manual local 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 — core cap rate, CoC, DSCR, and cash flow
Trial; paid from ~$99/mo (as of 2026)
Pricing (entry tier)
Free core; paid Pro — see live pricing
Standard ~$99/mo + per-skiptrace fees
Shareable read-only deal link
Free — read-only public link; Pro adds co-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 the address; review the editable HUD rent and FRED rate benchmarks, enter local property tax, then run cap rate / DSCR / cash flow.
  5. Verify, then record your decision. Use TrueCap's Offer Ceiling solver (Pro) to calculate the modeled boundary under your selected targets; it is not a recommended offer.

Need to triage a list before you start dialling? Work out your maximum bid on a distressed lead with the free 70% rule calculator, then paste the address into the full TrueCap analyzer for cap rate, DSCR, and cash flow. 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 provides editable HUD rent and FRED owner-occupied rate benchmarks while keeping property tax as a manual local input. The two products serve different, potentially complementary jobs.
Can I use BatchLeads + TrueCap together?
Yes — BatchLeads can surface off-market leads, and TrueCap can screen user-entered assumptions. The secondary Screening Index supports triage, while the target-dependent Offer Ceiling shows a modeled boundary for review. Neither is a recommended offer.

Sources & methodology: Feature and pricing rows reflect BatchLeads's publicly listed information, last reviewed June 2026. Vendors change features and prices often — verify current details on BatchLeads's own site. Where TrueCap claims “sourced defaults,” that refers specifically to an editable HUD area-rent benchmark and the FRED owner-occupied 30-year mortgage-rate benchmark. Property tax is a manual local input with a disclosed generic fallback, not a state-data auto-fill.

On price, plainly

Tools in this space run from free to well above TrueCap — check BatchLeads's live pricing for their current number. What TrueCap's price buys is the decision layer, not more calculation: an Offer Ceiling under your selected targets, rule-fit results for your Buy Box with reasons, the downside stress test, and assumptions that are source-labeled instead of silently defaulted. Whether that workflow justifies the price depends on your volume, verification process, and existing tools.

Ready to run a real deal and compare the screening results yourself?

Free 60-second analysis with labeled starting assumptions and no signup. Pro calculates the highest modeled Offer Ceiling that still meets your selected targets under the assumptions shown.

Analyze a property free

Underwrite the next deal — free.

TrueCap free covers cap rate, CoC, DSCR, NCF, and monthly cash flow. Pro adds 10-year cash-flow and equity projections, sensitivity, Offer Ceiling, co-branded share links, and PDF reports with Pro; see live pricing for current terms. No card to start.