Waterfalls
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Running the numbers on
MC Debt Fund 1, LLC· MC Debt Fund Manager, LLC (PassiveInvesting.com)
Back to fund
LP IRRⓘ
5.4%
annualized
LP Multipleⓘ
1.30×
$650K
LP Takeⓘ
86.7%
of gross proceeds
GP Takeⓘ
13.3%
incl. fees
Fee Dragⓘ
0.7%
$5K
Dollar split

Where your dollar goes

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

Total gross proceeds$750,000
LP · 86.7%$650K
GP · 12.7%
Limited PartnersFees to ManagerGP Promote
Cascade · Operations/Capital

Where each dollar goes

$750K
LP $650K · Fees $5K · GP $95K
GROSS PROCEEDS$750KGPFFees to Manager$5,000 · 0.7% of grossLPT1Preferred Return (6%)$150,000 · 20.0% of grossLPT2Return of Capital$500,000 · 66.7% of grossGPT3100% to Manager (residual)$95,000 · 12.7% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Operations/Capital
T1
Preferred Return (6%)
Members
$150K
T2
Return of Capital
Members
$500K
T3
100% to Manager (residual)
Manager
$95K
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