Quick Overview
- 1#1: DealCheck - DealCheck delivers comprehensive financial analysis, cash flow projections, and ROI calculations for real estate deals including rentals and flips.
- 2#2: Stessa - Stessa automates bookkeeping, generates profit and loss statements, and provides performance dashboards for rental property portfolios.
- 3#3: REI Hub - REI Hub offers cloud-based accounting with bank syncing, expense tracking, and customizable financial reports for real estate investors.
- 4#4: Baselane - Baselane combines banking, automated bookkeeping, and real-time financial statements tailored for landlords and property investors.
- 5#5: RealData - RealData enables creation of detailed pro forma financial statements and investment analyses for real estate acquisitions.
- 6#6: Argus Enterprise - Argus Enterprise provides advanced financial modeling, cash flow forecasting, and portfolio valuation for commercial real estate.
- 7#7: Roofi - Roofi automates real estate accounting with AI-powered categorization, investor distributions, and financial reporting.
- 8#8: Landlord Studio - Landlord Studio tracks rental income, expenses, and generates tax-ready financial reports for property investors.
- 9#9: QuickBooks Online - QuickBooks Online manages accounting, invoicing, and financial statements adaptable for real estate investor portfolios.
- 10#10: DoorLoop - DoorLoop integrates property management with accounting features for financial tracking and reporting on investments.
These tools were chosen based on robust financial capabilities, user interface intuitiveness, reliability, and overall value, ensuring they address the unique needs of investors across diverse property types and experience levels.
Comparison Table
Real estate investor financial statement software simplifies tracking, analyzing, and optimizing portfolio performance, a cornerstone of successful property management. This comparison table explores tools like DealCheck, Stessa, REI Hub, Baselane, RealData, and more, breaking down features, pricing, and usability to help readers identify the best fit for their needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | DealCheck DealCheck delivers comprehensive financial analysis, cash flow projections, and ROI calculations for real estate deals including rentals and flips. | specialized | 9.7/10 | 9.8/10 | 9.4/10 | 9.6/10 |
| 2 | Stessa Stessa automates bookkeeping, generates profit and loss statements, and provides performance dashboards for rental property portfolios. | specialized | 9.4/10 | 9.5/10 | 9.2/10 | 9.9/10 |
| 3 | REI Hub REI Hub offers cloud-based accounting with bank syncing, expense tracking, and customizable financial reports for real estate investors. | specialized | 8.7/10 | 9.2/10 | 8.4/10 | 8.1/10 |
| 4 | Baselane Baselane combines banking, automated bookkeeping, and real-time financial statements tailored for landlords and property investors. | specialized | 8.4/10 | 8.3/10 | 8.6/10 | 9.2/10 |
| 5 | RealData RealData enables creation of detailed pro forma financial statements and investment analyses for real estate acquisitions. | specialized | 8.1/10 | 8.8/10 | 7.2/10 | 7.9/10 |
| 6 | Argus Enterprise Argus Enterprise provides advanced financial modeling, cash flow forecasting, and portfolio valuation for commercial real estate. | enterprise | 8.1/10 | 9.6/10 | 5.2/10 | 6.4/10 |
| 7 | Roofi Roofi automates real estate accounting with AI-powered categorization, investor distributions, and financial reporting. | specialized | 8.4/10 | 9.1/10 | 8.2/10 | 7.9/10 |
| 8 | Landlord Studio Landlord Studio tracks rental income, expenses, and generates tax-ready financial reports for property investors. | specialized | 8.2/10 | 8.4/10 | 9.1/10 | 8.6/10 |
| 9 | QuickBooks Online QuickBooks Online manages accounting, invoicing, and financial statements adaptable for real estate investor portfolios. | enterprise | 7.2/10 | 6.8/10 | 8.1/10 | 6.9/10 |
| 10 | DoorLoop DoorLoop integrates property management with accounting features for financial tracking and reporting on investments. | specialized | 7.8/10 | 8.1/10 | 8.0/10 | 7.4/10 |
DealCheck delivers comprehensive financial analysis, cash flow projections, and ROI calculations for real estate deals including rentals and flips.
Stessa automates bookkeeping, generates profit and loss statements, and provides performance dashboards for rental property portfolios.
REI Hub offers cloud-based accounting with bank syncing, expense tracking, and customizable financial reports for real estate investors.
Baselane combines banking, automated bookkeeping, and real-time financial statements tailored for landlords and property investors.
RealData enables creation of detailed pro forma financial statements and investment analyses for real estate acquisitions.
Argus Enterprise provides advanced financial modeling, cash flow forecasting, and portfolio valuation for commercial real estate.
Roofi automates real estate accounting with AI-powered categorization, investor distributions, and financial reporting.
Landlord Studio tracks rental income, expenses, and generates tax-ready financial reports for property investors.
QuickBooks Online manages accounting, invoicing, and financial statements adaptable for real estate investor portfolios.
DoorLoop integrates property management with accounting features for financial tracking and reporting on investments.
DealCheck
specializedDealCheck delivers comprehensive financial analysis, cash flow projections, and ROI calculations for real estate deals including rentals and flips.
One-click instant analysis delivering comprehensive cash flow statements and returns projections in seconds.
DealCheck is a comprehensive real estate analysis platform tailored for investors, enabling rapid evaluation of rental properties, flips, BRRRR deals, and multi-family investments through detailed financial modeling. It generates instant cash flow projections, ROI metrics like IRR, cash-on-cash return, and cap rates, while supporting scenario analysis and professional PDF reports. The tool integrates property data inputs seamlessly and offers mobile accessibility for on-the-go deal screening.
Pros
- Lightning-fast deal analysis with 15+ key financial metrics
- Robust scenario testing and customizable pro formas for accurate projections
- Professional-grade PDF reports and mobile app for fieldwork
Cons
- Advanced multi-family features require Premium plan
- Free version limits analyses to 5 per month
- No built-in comps or MLS integration
Best For
Active real estate investors and flippers who need quick, reliable financial analysis to screen hundreds of deals efficiently.
Pricing
Free plan (5 analyses/month); Pro $15/mo (unlimited single-family); Premium $29/mo (multi-family, wholesaling, commercial).
Stessa
specializedStessa automates bookkeeping, generates profit and loss statements, and provides performance dashboards for rental property portfolios.
Automated portfolio-level investor metrics like IRR, equity multiple, and cash-on-cash returns with one-click financial statement exports
Stessa is a free property management and accounting platform tailored for real estate investors, automating bookkeeping by syncing bank transactions, categorizing income and expenses, and generating investor-grade financial statements. It provides detailed profit and loss reports, cash flow analysis, balance sheets, and performance metrics like cap rates, IRR, and cash-on-cash returns across portfolios. The software also supports rent collection, tenant management, and portfolio tracking from a user-friendly dashboard.
Pros
- Completely free for unlimited properties with automated bank sync and reconciliation
- Comprehensive financial reporting including portfolio-level analytics and tax-ready exports
- Intuitive dashboard with mobile app for on-the-go management
Cons
- Limited advanced customization for complex commercial properties
- Some features like maintenance tracking are basic compared to paid alternatives
- Customer support primarily via email with slower response times
Best For
Small to mid-sized real estate investors seeking free, automated financial statement generation and portfolio performance tracking for residential rentals.
Pricing
Free core platform for unlimited properties; optional paid add-ons like Stessa Pay (2.99% ACH fees) and tenant screening ($40/report).
REI Hub
specializedREI Hub offers cloud-based accounting with bank syncing, expense tracking, and customizable financial reports for real estate investors.
One-click generation of investor-grade, property-specific profit & loss statements with automated accrual accounting adjustments
REI Hub is a cloud-based bookkeeping and financial reporting platform tailored for real estate investors managing rental properties. It automates bank transaction imports, categorizes expenses with RE-specific rules, and generates detailed property-level financial statements including profit & loss, cash flow, and balance sheets. The software also supports portfolio overviews, tax reporting, and tenant tracking to streamline investor accounting without needing QuickBooks expertise.
Pros
- Automated bank feeds and RE-specific transaction categorization
- Comprehensive property-level P&L, cash flow, and balance sheet reports
- Tax-ready exports and 1099 filing support
Cons
- Pricing increases with portfolio size beyond 10 properties
- Limited integrations with non-banking tools like CRM software
- Initial bank setup and rule customization has a learning curve
Best For
Real estate investors with 5-50 rental properties who need automated, property-specific financial statements and bookkeeping.
Pricing
Starts at $49/month for up to 10 properties (Starter plan), $99/month for Pro (unlimited properties), with enterprise custom pricing.
Baselane
specializedBaselane combines banking, automated bookkeeping, and real-time financial statements tailored for landlords and property investors.
Integrated high-yield banking (up to 4.19% APY) that automatically feeds and categorizes transactions into investor-grade financial statements
Baselane is an all-in-one financial platform tailored for real estate investors, combining high-yield banking with automated bookkeeping and portfolio management. It automatically categorizes transactions from connected bank accounts to generate real-time profit and loss statements, balance sheets, cash flow reports, and tax-ready documents. The software provides customizable dashboards for tracking performance across multiple properties, rent collection, and expense management.
Pros
- Free unlimited banking and automated bookkeeping for all property sizes
- Seamless transaction categorization with AI for accurate financial statements
- Real-time dashboards and reports tailored for investor tax prep and analysis
Cons
- Limited integrations with third-party property management software
- Primarily focused on US properties and banking
- Advanced lending features may require qualification
Best For
Small to mid-sized real estate investors who want free, banking-integrated financial statement automation without manual data entry.
Pricing
Core banking, bookkeeping, and financial reporting are free for unlimited properties; premium lending and advanced tools available upon qualification.
RealData
specializedRealData enables creation of detailed pro forma financial statements and investment analyses for real estate acquisitions.
Adherence to strict professional standards (IREM/BPA) for investor-ready financial statements that pass lender scrutiny
RealData offers Excel-based software tools tailored for real estate investors to generate detailed financial statements, pro formas, and investment analyses for various property types like apartments, retail, and offices. It provides customizable templates that emphasize accuracy, compliance with industry standards such as IREM and BPA, and comprehensive cash flow projections including debt service and sensitivity analysis. Ideal for creating professional-grade reports suitable for lenders and partners, the software has been a staple for over 30 years.
Pros
- Highly accurate financial modeling compliant with IREM and other professional standards
- Fully customizable Excel templates with advanced features like sensitivity analysis
- One-time purchase model with excellent customer support and training resources
Cons
- Steep learning curve due to Excel dependency and complex formulas
- Lacks modern web-based interface or real-time collaboration
- Upfront costs can be high for individual investors without frequent use
Best For
Experienced real estate investors and analysts who need customizable, standards-compliant pro formas and are proficient in Excel.
Pricing
One-time purchases ranging from $99 for basic deal analyzers to $495 for full pro forma software; optional annual updates ~$100-200.
Argus Enterprise
enterpriseArgus Enterprise provides advanced financial modeling, cash flow forecasting, and portfolio valuation for commercial real estate.
Advanced multi-tenant lease modeling with automatic rollovers, escalations, and market comparables integration
Argus Enterprise is an industry-leading commercial real estate financial modeling software designed for detailed cash flow forecasting, valuation, and portfolio analysis. It excels in handling complex lease structures, scenario modeling, and asset-level performance tracking for multifamily, office, retail, and industrial properties. Used primarily by professionals, it provides enterprise-grade tools for accurate financial statements and investment decision-making.
Pros
- Unmatched depth in cash flow modeling and lease abstraction for commercial properties
- Industry-standard methodology accepted by lenders and investors worldwide
- Powerful portfolio management and scenario analysis tools
Cons
- Steep learning curve requiring significant training or certification
- High cost prohibitive for individual or small-scale investors
- Overly complex for simple residential or beginner investor needs
Best For
Institutional investors, REITs, and commercial real estate firms managing large, complex portfolios.
Pricing
Custom enterprise licensing starting at $5,000–$15,000+ per year per user, with volume discounts for portfolios.
Roofi
specializedRoofi automates real estate accounting with AI-powered categorization, investor distributions, and financial reporting.
One-click pro forma builder that generates fully customizable financial models in under 5 minutes
Roofi is a cloud-based financial modeling platform tailored for real estate investors, enabling quick creation of detailed pro formas, cash flow projections, and portfolio analysis. It supports underwriting for multifamily, commercial, and development deals with automated calculations for metrics like IRR, NOI, and debt service coverage. The tool emphasizes speed and collaboration, allowing users to build investor-grade financial statements in minutes rather than hours.
Pros
- Rapid model generation with pre-built templates for various asset classes
- Real-time collaboration and scenario analysis tools
- Comprehensive portfolio tracking and investor reporting
Cons
- Limited integrations with property management software
- Higher pricing tiers required for advanced portfolio features
- Steeper learning curve for non-Excel power users
Best For
Multifamily syndicators and active real estate investors who need fast, professional-grade financial statements for deal underwriting and investor pitches.
Pricing
Starts at $99/month for Starter plan (1-5 deals), $199/month for Pro (unlimited deals, portfolios), and custom Enterprise pricing.
Landlord Studio
specializedLandlord Studio tracks rental income, expenses, and generates tax-ready financial reports for property investors.
AI-powered bank feed integration that automatically categorizes expenses and income for accurate financial statements.
Landlord Studio is a user-friendly property management software tailored for landlords and real estate investors, focusing on automating rent collection, expense tracking, and financial reporting for rental portfolios. It provides detailed profit and loss statements, cash flow reports, and tax-ready summaries to help users monitor property performance and prepare for taxes. The platform stands out with mobile accessibility, bank integrations, and receipt scanning for effortless bookkeeping.
Pros
- Intuitive mobile app for on-the-go management
- Automatic bank sync and AI categorization of transactions
- Comprehensive financial reports including P&L and 1099s
Cons
- Lacks advanced portfolio-level analytics for large investors
- Free plan limited to 3 properties
- Occasional delays in customer support response
Best For
Small to mid-sized landlords and investors with 1-25 rental properties seeking simple, mobile-first financial statement generation.
Pricing
Free for up to 3 units; Pro at $12/mo (annual billing) for up to 25 units; Premium at $24/mo for unlimited units.
QuickBooks Online
enterpriseQuickBooks Online manages accounting, invoicing, and financial statements adaptable for real estate investor portfolios.
Class and location tracking for segmenting financial data by individual properties or portfolios
QuickBooks Online is a versatile cloud-based accounting software that enables real estate investors to track income, expenses, and generate financial statements like profit and loss, balance sheets, and cash flow reports using classes and locations for property segmentation. It automates bank reconciliations, invoicing for rents, and expense categorization, making it suitable for basic portfolio management. While powerful for general bookkeeping, it requires custom setups for real estate-specific analysis rather than offering native tools for metrics like cap rates or depreciation schedules.
Pros
- Seamless bank feed integration for automatic transaction imports and categorization
- Customizable reports and dashboards for property-level P&L statements
- Mobile app and real-time cloud access for managing finances on the go
Cons
- No built-in real estate tools like rent roll automation, IRR calculations, or cap rate analysis
- Requires workarounds with classes/locations for multi-property tracking, adding complexity
- Subscription pricing can become expensive for investors needing only basic financial statements
Best For
Real estate investors with a small portfolio who need robust general accounting integrated with property expense tracking.
Pricing
Starts at $30/month (Simple Start) up to $200/month (Advanced); annual billing offers discounts.
DoorLoop
specializedDoorLoop integrates property management with accounting features for financial tracking and reporting on investments.
Dedicated investor portals for real-time financial statement sharing and syndication management
DoorLoop is an all-in-one property management platform with strong financial accounting features designed for real estate investors and landlords. It automates rent collection, expense tracking, bank reconciliations, and generates key financial statements including profit and loss, cash flow reports, balance sheets, and NOI calculations for portfolios. The software also supports investor portals for sharing performance data, making it suitable for syndication and multi-investor properties.
Pros
- Comprehensive financial reporting with customizable dashboards
- Seamless bank sync and automated bookkeeping
- Investor portals for easy performance sharing
Cons
- Primarily property management-focused, less specialized for pure investor analytics
- Advanced financial customizations require higher-tier plans
- Per-property pricing can become expensive for large portfolios
Best For
Real estate investors and property managers handling mid-sized portfolios who need integrated financial statements alongside day-to-day operations.
Pricing
Starts at $59/month per location (Essential), $99/month (Plus), $149/month (Premium), with custom Enterprise pricing.
Conclusion
The top-ranked tools showcase diverse strengths, with DealCheck emerging as the most versatile choice, excelling in comprehensive financial analysis, cash flow projections, and ROI calculations for various real estate deals. Stessa and REI Hub stand as excellent alternatives—Stessa for automated bookkeeping and performance tracking, and REI Hub for cloud-based accounting and customizable reports—each tailored to specific investor needs. Ultimately, the right fit depends on priorities, but DealCheck’s robust features make it a standout.
Explore DealCheck to simplify your financial workflows and gain deeper insights into your real estate investments.
Tools Reviewed
All tools were independently evaluated for this comparison