DealCheck Review 2025: Seamless real estate investment analysis
Disclosure
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.In a nutshell: DealCheck is a powerful tool for real estate investors to analyze potential deals, whether it’s for a rental property, rehab project, or wholesale deal. With detailed property analysis and projections, along with easy access to property records, DealCheck simplifies the investment property search process, making it a favorite among experienced investors.
This DealCheck review will provide a comprehensive look at the features, services, and user experience of this investment property analysis tool.
Service Type | Fees | Promotion |
---|---|---|
Property Analysis Tool | Freemium | Use 'MODESTMONEY' as Promo Code for 20% off |
- Detailed analysis of investment property, including cash flow projections and rate of return.
- Comprehensive property records, including purchase price and property taxes.
- Offers both web and mobile apps for easy access.
- User friendly with a clean and intuitive interface.
- Provides rental comps for single-family homes and multifamily properties.
- Free version offers limited features.
- It might take some time to understand all the features for new users.
Table of Contents
What is DealCheck?
DealCheck is a specialized online platform tailored for real estate investors to evaluate and compare potential investment properties. It offers in-depth analyses, producing reports that encompass cash flow estimates, internal rate of return, rehab budgets, and anticipated closing expenses.
Designed to cater to both novices and seasoned investors, users can input specifics like acquisition costs, repair estimates, list prices, and other pertinent property details. By doing so, DealCheck generates an expansive analysis, aiding investors in making informed, data-backed decisions.
Whether exploring rental options, rehabilitation projects, or wholesale prospects, DealCheck delivers critical insights. Still, it’s essential for users to couple this tool with their due diligence and expert real estate advice.
External DealCheck Reviews & Ratings
Site | Rating | |
Getapp | 5 from 27 reviews | |
Software Advice | 5 from 27 reviews | |
Capterra | 5 from 27 reviews | |
Apple App Store | 4.8 from 1,343 | |
Google Play | 4.7 from 1,029 reviews | |
Trustpilot | 4.7 from 34 reviews |
Here are some reviews from traders who have experienced the platform firsthand:
How Does DealCheck Work?
DealCheck works by integrating public records and rental comps to provide an accurate estimate of a property’s potential returns. Users input data about a potential property, such as the purchase price, expected rehab costs, property taxes, and anticipated rent.
The tool then calculates several key indicators of a good investment, such as the cash on cash return, cap rate, and internal rate of return. Additionally, it provides detailed cash flow projections, taking into account property expenses, financing costs, vacancy rates, and more.
Moreover, DealCheck can pull data from public records to provide information on a property’s past sales history, current owner, and tax assessments. This information can be invaluable when negotiating a purchase price or verifying a property owner’s claims.
How Much Does DealCheck Cost?
DealCheck offers three pricing tiers: Starter, Plus, and Pro.
Starter Plan: The Starter plan is entirely free and requires no credit card for signup. It allows users to save up to 15 properties, view 5 property photos per listing, access up to 5 sales and rental comparables (comps), and utilize up to 5 property templates. Additional features include the ability to view updated property records and listings, unlock all purchase criteria, use the purchase offer calculator, customize sales and rental comps, perform property owner lookup, and generate property reports with custom branding.
Plus Plan: Priced at $10 per month, the Plus plan includes all the features of the Starter plan and increases the limits on saved properties, property photos, sales and rental comps, and property templates to 50, 15, 10, and 10, respectively. DealCheck offers a 14-day free trial for this plan, giving users ample opportunity to test out the premium features.
Pro Plan: The Pro plan costs $20 per month and offers unlimited access to all the features, including unlimited saved properties, property photos, sales and rental comps, and property templates. This plan also comes with a 14-day free trial.
All premium plans include exclusive features like a rental cash flow calculator, house flipping calculator, multi-family & commercial calculator, investment return calculations, cash flow & profit projections, creative financing scenarios, sales & rental comps, property wholesaling tools, professional investment reports, side-by-side property comparison, custom investment criteria, property data import, cloud sync on any device, a nationwide lender directory, and a comprehensive real estate glossary.
Key Features of DealCheck
- Perform Accurate Property Analysis in Seconds: Bid farewell to cumbersome spreadsheets with DealCheck’s intuitive and powerful property analysis tools. This software is designed to calculate all the crucial metrics for a wide range of properties, including rentals, BRRRRs, flips, multi-family residences, commercial buildings, and Airbnb rentals.
- Import Property Data from Public Records: Search public records and online listings to import crucial property details such as list price, estimated value and rent, property taxes, HOA fees, and photos. This feature covers most US properties.
- Customization for Every Deal: Understanding that each deal is unique, DealCheck offers unmatched flexibility when it comes to entering details about financing, closing costs, repair budgets, and operating expenses.
- Cash Flow and Profit Projections: Use DealCheck’s real estate calculator to analyze long-term cash flow projections for rental properties and profit projections for flips. You can easily modify deal parameters and instantly see their impact on your profit and returns.
- Lookup Sales and Rental Comps: Determine after repair values and potential rents confidently with recent sales comps, comparable rental listings, and market statistics. This feature is available for most US properties.
- Screen Properties with Custom Criteria: With DealCheck, you can establish detailed purchase criteria and concentrate on the metrics that matter to you. Instantly screen properties according to your criteria and find the best deals quickly.
- Calculate Maximum Allowable Offers: Use the offer calculator to figure out the highest price you can offer to make each deal profitable. The calculator uses reverse valuation and more than a dozen criteria to provide an accurate estimate.
- Property Owner Lookup: If you’re in search of off-market properties, DealCheck allows you to lookup property owners directly from the app to assist you with direct mail or lead generation campaigns.
- Share Custom-Branded Reports: Generate professional online or PDF reports with a single click. You can add your custom branding and logo to these reports and share them with lenders, partners, investors, or clients.
- Cloud Sync on Any Device: With DealCheck, you can sign in on any computer, mobile phone, or tablet and access your properties anywhere, anytime. Your data is securely synced to the cloud for your convenience.
Who is DealCheck Best For?
- Real Estate Investors: Whether you’re a new or experienced investor, DealCheck can help you analyze and compare potential real estate investments efficiently.
- Property Owners: DealCheck is an excellent tool for property owners considering renting out their property. It can provide rental comps and calculate potential cash flows.
- Wholesalers: Those involved in wholesale deals can use DealCheck to quickly analyze a property’s potential profitability before committing to a purchase.
What are The Benefits?
Using DealCheck comes with numerous benefits:
- Detailed Property Analysis: DealCheck provides a thorough analysis of each property, including cash flow projections, potential rate of return, rehab budget, and closing costs. This feature is beneficial for investors looking to get a comprehensive view of a property’s potential profitability.
- Ease of Use: The platform is incredibly user-friendly, with a clean and intuitive interface. Both the web and mobile apps are easy to navigate, making it simple to analyze properties on the go.
- Access to Property Records: DealCheck pulls data from public records, giving users access to a wealth of information about a property, including its past sales history, current owner, and tax assessments. This feature can be invaluable for potential investors, particularly when negotiating a purchase price.
Limitations of DealCheck
Despite the numerous benefits, DealCheck has a few limitations:
- Limited Features in the Free Version: While the free version of DealCheck offers some valuable tools, the full range of features is only available with a paid subscription plan.
- Learning Curve for New Users: While the platform is user-friendly, it might take some time for new users to understand and take full advantage of all the features.
Final Thoughts
DealCheck is a powerful tool that offers a comprehensive solution for real estate investors looking to analyze and compare potential investment properties. With its easy-to-use interface, detailed property reports, and wide range of analysis features, it simplifies the property evaluation process, allowing investors to make more informed decisions quickly and efficiently.
Our verdict in this DealCheck review is that it’s an excellent tool for any real estate investor. With its wealth of features and user-friendly design, it simplifies the process of property analysis, making it an essential tool in an investor’s arsenal.
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