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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.

Free analyzer: no card or signup

TrueCap's decision view for the sample deal: the Offer Ceiling beside the asking price, cash flow after reserves, and DSCR
Real output from the free sample deal. Run it yourself →

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
Deal score (0–100)
Free — 0–100 score with 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 (in your first free decision) to find the highest price that still meets your targets.

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 surfaces off-market leads, and TrueCap screens the assumptions you enter. The Deal score helps you triage the list, and the Offer Ceiling shows the highest price that still meets your targets.

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 for your targets, Buy Box fit 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 your Offer Ceiling: the highest price that still meets your 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.