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
ERC HOMEBUILDERS 2, INC.· ERC Communities
Back to fund
LP IRRⓘ
5.2%
annualized
LP Multipleⓘ
1.29×
$644K
LP Takeⓘ
73.6%
of gross proceeds
GP Takeⓘ
26.4%
incl. fees
Fee Dragⓘ
26.4%
$231K
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 · 73.6%$644K
Fees · 26.4%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $644K · Fees $231K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$231,250 · 26.4% of grossLPT1Return of Capital$500,000 · 57.1% of grossLPT2Preferred Return (8%)$143,750 · 16.4% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T1
Return of Capital
Limited Partners
$500K
T2
Preferred Return (8%)
Limited Partners
$144K
Compare