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DealCheck is a calculator — you manually enter every number. SkAI reads your offering documents and extracts the metrics automatically. Same results, zero spreadsheet work. Built specifically for passive investors evaluating syndications and multifamily deals, not landlords buying individual rentals.

SkAI
Upload documents. AI does the rest.
Built for passive investors reviewing PPMs, OMs, and syndication docs. No data entry. AI extracts metrics, writes the narrative, and flags risks.
DealCheck
Enter numbers manually. Get calculations back.
Calculator-based tool. You enter purchase price, rents, and expenses — it computes returns. No document reading, no AI narrative.

Side-by-side: every capability

A comprehensive look at what each tool covers for real estate investment analysis.

Feature SkAI DealCheck
Data Input Upload PDF document — PPM, OM, rent roll, T12 Auto-extracted Manual entry — type in every field (price, rent, expenses, financing) No upload
Deal Narrative Full AI-written deal narrative — thesis, risks, sponsor assessment, recommendation Numeric output only — no written analysis or recommendation
Cap Rate / NOI Auto-extracted from document — validates against stated projections Manually entered — you provide the numbers, it calculates
DSCR Analysis Extracted and assessed — flags thin coverage ratios as risk Calculated from manual inputs — no risk assessment
IRR Projections Pulled from PPM — evaluates sponsor projection conservatism Calculated from your inputs — no projection validation
Sponsor Analysis Fee structure, track record, GP/LP split extracted and evaluated Not available — calculator only
Risk Flags Automated red flag detection — inflated projections, high fees, concentration risk, thin DSCR Not available — no risk scoring
Multi-deal Compare AI-scored side-by-side comparison — rank 2–10 deals simultaneously Manual side-by-side with manually entered data for each deal
AI Chat / Q&A Confidant AI advisor — ask follow-up questions about any deal, terms, or risk factor No AI chat — calculator interface only
Market Comparables Submarket comps and rent trends pulled into analysis context Not available — you supply all market assumptions manually
PPM / OM Support Native use case — built specifically for syndication documents Not designed for PPMs — requires manual translation to input fields
Property Type Multifamily, NNN, self-storage, industrial, mixed-use (document-driven) Residential, multifamily, fix-and-flip, BRRRR, commercial (manual entry)
Best For Passive investors, LPs, syndication evaluators Active landlords, fix-and-flip investors, direct property buyers
Portfolio Tracking Full portfolio intelligence — track, monitor, and compare holdings Deal tracking available at higher tiers
Free Tier Yes — analyze your first deal free, no credit card Free Yes — limited free tier available Free (limited)

Calculator vs. Document Reader

These tools are solving different problems. Understanding which problem you have determines which tool fits.

SkAI — Document-First Analysis

The passive investor's problem: you receive a 200-page PPM from a sponsor, and you need to quickly determine if this deal deserves serious attention. The data is in the document — you shouldn't have to re-enter it manually.

SkAI reads the document for you, extracts the numbers, evaluates the sponsor, and writes the analysis. You review findings, ask questions, and decide.

  • No data entry — upload and let AI extract
  • Passive investor workflows — syndications, LP investing, multifamily funds
  • Narrative analysis — written deal assessment, not just calculations
  • Risk identification — flags what calculators miss (fee structure, sponsor track record, projection conservatism)
  • Scale your pipeline — review 10 PPMs in the time it used to take to review one

DealCheck — Input-Driven Calculator

The active buyer's problem: you're evaluating a rental property for direct purchase and need to model different scenarios (higher rent, lower expenses, different financing terms). You already know the numbers.

DealCheck takes your inputs and computes returns precisely. If you're changing variables to stress-test assumptions, a calculator is the right tool.

  • Manual data entry — you supply all inputs
  • Active investor workflows — direct property purchase, fix-and-flip, BRRRR
  • Numeric output — clean computation of returns from your assumptions
  • No document analysis — tool doesn't read offering documents
  • No AI narrative or risk assessment — output is numbers

Which tool is right for you?

The right choice depends on your investment strategy and deal flow.

📄
Best: SkAI
Passive LP Investor
You invest in real estate syndications and receive PPMs from sponsors. You need to evaluate 5–20 deals per year to find the 1–3 worth investing in. Manual data entry for every document is not viable.
🏢
Best: SkAI
Multifamily Fund Evaluator
You review offering memoranda for multifamily acquisitions and need consistent, comparable analysis across your deal pipeline. You want AI scoring, not a spreadsheet.
💼
Best: SkAI
Family Office / RIA
You have multiple clients investing in real estate alternatives. You need to triage deal flow efficiently and produce consistent due diligence documentation without engaging a consultant per deal.
🔑
Better Fit: DealCheck
Active Landlord
You're buying individual rental properties (SFR, small multifamily) and want to model different purchase scenarios, financing options, and rent assumptions before making an offer.
🔨
Better Fit: DealCheck
Fix-and-Flip Investor
You flip houses and need to quickly model ARV, rehab costs, holding costs, and net profit on individual deals where you already have the numbers.
📊
Best: SkAI
Capital Allocator Comparing Deals
You're deciding between 3 competing syndications and need an apples-to-apples comparison of risk, return, and sponsor quality — not a manual side-by-side spreadsheet.

Frequently asked comparison questions

Can SkAI replace DealCheck for multifamily analysis?
For passive investors in multifamily syndications, yes. SkAI covers all the metrics DealCheck computes — cap rate, cash-on-cash, NOI, DSCR, IRR — but extracts them from your PPM automatically rather than requiring you to enter them manually. It also adds risk scoring, sponsor analysis, and AI narrative that DealCheck doesn't provide. For active buyers modeling individual property purchases with custom scenarios, DealCheck's calculator remains a solid tool.
Does SkAI work for deals where I don't have a PPM?
Yes. SkAI can analyze offering memoranda, rent rolls, T12 financial statements, and syndication decks in addition to full PPMs. For direct property purchases without any offering document, the manual entry approach (like DealCheck) is more appropriate since there's no document to extract from.
How does SkAI compare to DealCheck on price?
Both tools offer free tiers. SkAI's free tier lets you analyze your first deal with no credit card required. Paid plans scale with deal volume and features. The key economic comparison is cost-per-deal: DealCheck's cost is flat (doesn't scale with deal volume), and SkAI's subscription similarly doesn't increase with the number of deals analyzed. The real savings with SkAI come from eliminating expensive per-deal consultant fees — not from comparing software subscription costs.
Can I use both SkAI and DealCheck?
Yes. They serve different use cases. Use SkAI for PPM-based syndication evaluation — it's faster and more comprehensive for passive investing. Use DealCheck for active property modeling where you need custom scenario inputs. Many serious investors use specialized tools for each phase of their strategy rather than forcing one tool to do everything.
What's the best DealCheck alternative for PPM analysis?
SkAI is the strongest purpose-built alternative for PPM and offering memorandum analysis. DealCheck was designed for active property buyers, not passive investors evaluating sponsor-led syndications. The document-upload workflow, AI narrative, sponsor analysis, and risk flagging in SkAI are capabilities DealCheck doesn't offer — and they're the critical capabilities for passive due diligence.

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Not Investment Advice: SkAI provides AI-generated analysis for informational purposes only. This is not investment advice. Consult qualified professionals before making investment decisions.  Terms · Privacy