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 · 68.9%$603K
Fees · 8.1%
GP · 23.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $603K · Fees $71K · GP $201K
Gross proceeds at exit
$875K
FFees to Manager
$71,250 · 8.1% of gross
taken before the waterfall→ GP $71K
T2Class A Preferred Return (stepped 5%-8%) during first 7 years · During first 7 years following Initial Closing; stepped: Yr1-2 = 5%, Yr3 = 6%, Yr4 = 7%, Yr5-7 = 8%; paid from Class A's share (Class A Overall Percentage) of remaining operating cash flow; shortfall may be funded from Special Reserve
$66,667 · 7.6% of gross
uncapped — takes what remains→ A $67K
Where it lands · of gross proceeds
LP $603K (68.9%)Fees $71K (8.1%)GP $201K (23.0%)
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier traceSame numbers, tabular. Click to expand.▾
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T2
Class A Preferred Return (stepped 5%-8%) during first 7 years · During first 7 years following Initial Closing; stepped: Yr1-2 = 5%, Yr3 = 6%, Yr4 = 7%, Yr5-7 = 8%; paid from Class A's share (Class A Overall Percentage) of remaining operating cash flow; shortfall may be funded from Special Reserve
Class A Units
$67K