Waterfalls
Default
Score model

Pick how composites are weighted for you. Affects every score across the app.

Sign in to save models →
Sign in
Running the numbers on
Benchmark Real Estate Investment Fund, LLC· Benchmark Companies
Back to fund
LP IRRⓘ
6.6%
annualized
LP Multipleⓘ
1.38×
$689K
LP Takeⓘ
78.8%
of gross proceeds
GP Takeⓘ
9.7%
incl. fees
Fee Dragⓘ
9.7%
$85K
Dollar split

Where your dollar goes

Every dollar of gross proceeds traced through the waterfall at the current exit.

Total gross proceeds$875,000
LP · 78.8%$689K
Fees · 9.7%
GP · 11.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $689K · Fees $85K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$85,000 · 9.7% of grossBT215% of all Distributable Cash (balan…$17,775 · 2.0% of gross$residual $101K
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T2
15% of all Distributable Cash (balance after Class A) distributed pro rata to Class B holders · Quarterly within 45 days after each calendar quarter end, when Manager declares distributions
Class B Membership Interests
$18K
Compare