DealCheck Alternative · Updated 2026
DealCheck is a solid calculator for investors who are willing to manually key in every number from every document. But if you're evaluating more than a handful of multifamily deals per month, that manual entry is where your time goes — and where transcription errors creep in.
Dealyze takes a fundamentally different approach: upload the offering memo, T12, or rent roll as a PDF. The AI extracts every number automatically — gross potential rent, vacancy, operating expenses, asking price, unit mix, the works. You review the assumptions, adjust anything that looks off, and run the model. What used to take 2-3 hours in a spreadsheet takes about 60 seconds.
Dealyze vs DealCheck vs building your own Excel model — feature by feature.
| Feature | Dealyze | DealCheck | Excel Template |
|---|---|---|---|
| Auto-extract data from PDF | Yes — AI reads the document | No — manual entry only | No — manual entry only |
| Reads offering memos (OM) | Yes — up to 50+ pages | No | No |
| Reads T12 / P&L statements | Yes | No | No |
| Reads rent rolls | Yes — extracts unit mix | No | No |
| NOI / cap rate / DSCR | Automatic | Yes (manual input) | Yes (manual formulas) |
| Cash-on-cash return | Automatic | Yes | If formula included |
| IRR projection | 5-year projection | Basic | If you build it |
| Vacancy sensitivity analysis | Auto: 3%, 5%, 8%, 12%, 15% | No | Manual setup required |
| Rent growth sensitivity | Auto: -10% to +10% | No | Manual setup required |
| Deal grade (A through F) | Yes | No | No |
| Go / No-Go verdict | Yes — with reasoning | No | No |
| Break-even occupancy | Automatic | No | If formula included |
| Plain-English analysis flags | Yes — warns about thin margins, high vacancy, etc. | Basic | No |
| Editable assumptions | Yes — re-run instantly | Yes | Yes |
| Excel export | Yes — 3-sheet workbook | Paid add-on | It is Excel |
| Deal history / dashboard | Yes | Yes | No |
| Property types | Multifamily focused | Multi, SFR, commercial | Depends on template |
| Time to first analysis | ~60 seconds | 30-60 minutes | 2-4 hours |
| Monthly cost | From $29/mo | $0-$20/mo | Free (your time isn't) |
A closer look at the features that change how you screen and underwrite multifamily deals.
With DealCheck, every analysis starts the same way: you open the offering memo, find the asking price, type it in. Find the gross potential rent, type it in. Find each expense line item, type them in one by one. Vacancy rate, management fee, insurance, taxes, utilities — every field, every time.
For a typical 20-unit multifamily deal with a standard OM, you're looking at 30-45 minutes of data entry before you even see your first metric. And if you fat-finger a number — say you type $4,200/month rent instead of $2,400 — the entire analysis is wrong, and you might not catch it until you're deep into negotiations.
DealCheck shows you the deal at one set of assumptions. If you assumed 5% vacancy, you see the numbers at 5% vacancy. Want to know what happens at 10%? Change the number, recalculate, write it down, change it back.
Dealyze runs sensitivity analysis automatically. Every report includes a vacancy sensitivity table (3%, 5%, 8%, 12%, 15%) and a rent growth sensitivity table (-10% to +10%). You see the cap rate, cash-on-cash, and DSCR at every scenario without touching a single input.
When a broker sends you 10 OMs in a week, you need a way to quickly sort the strong deals from the weak ones. DealCheck gives you the numbers but leaves the interpretation to you.
Dealyze grades every deal from A to F based on a composite score of cap rate, DSCR, and cash-on-cash return. It also gives a Go / Caution / No-Go verdict with plain-English reasoning — things like "DSCR is 1.08, leaving only 8% margin above debt service" or "Cap rate is 150+ basis points above market, investigate why."
DealCheck is a calculator — you enter numbers, it computes metrics. It doesn't interact with documents at all.
Dealyze is built around documents. It reads offering memorandums (the 30-50 page PDFs brokers send), trailing 12-month P&L statements, and rent rolls. It classifies the document type, identifies the pages with financial data, and extracts structured data including property info, income breakdown, expense line items, unit mix, and asking price.
If the first extraction pass misses financial data, it automatically runs a second pass targeting pages with financial keywords. If the asking price is buried in marketing copy, a third pass uses text analysis to find it.
What we hear most from investors who made the switch.
Screening 20 deals per month at 45 minutes each = 15 hours of data entry. Dealyze lets you screen the same 20 deals in under 2 hours total.
Knowing what happens at 8% vs 12% vacancy before you make an offer gives you real leverage — and real confidence — at the negotiating table.
A-F grading based on cap rate, DSCR, and cash-on-cash means you spend your time on deals that actually pencil, not on data entry for deals that don't.
When the AI reads the document directly, you eliminate the most common source of underwriting errors: typing the wrong number into the wrong field.
Every analysis exports to a 3-sheet Excel workbook (summary, assumptions, sensitivity) that you can share with partners, lenders, or your own records.
Things investors ask when comparing Dealyze to DealCheck.
Yes, Dealyze starts at $29/month (Starter, 5 analyses) vs DealCheck's free tier. The question is whether the time savings justify the cost. If you value your time at $50/hour and Dealyze saves you 40 minutes per deal, one analysis pays for the Starter plan.
Dealyze is purpose-built for multifamily (apartments, 5+ units). The underwriting model, extraction prompts, and metrics are all optimized for multifamily deals. If you primarily invest in SFR or retail, DealCheck's broader property type support may be a better fit.
Every extracted field is visible and editable in the assumptions panel. You review all the numbers before running the underwriting model. If anything looks off, change it and re-run. The AI is a starting point, not a black box.
Yes. You get one free analysis with no account required — upload any PDF and see the full report, deal grade, sensitivity analysis, and all. No credit card needed.
No. Dealyze is a screening and underwriting tool, not a substitute for property inspections, lease audits, environmental reviews, or legal due diligence. It tells you whether a deal is worth digging into — not whether you should close on it sight-unseen.
No account required. No credit card. Upload any offering memo, T12, or rent roll and see the full analysis — deal grade, sensitivity tables, Go/No-Go verdict — in under 60 seconds.