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
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ⓘ
65.0%
of gross proceeds
GP Takeⓘ
35.0%
incl. fees
Fee Dragⓘ
0.5%
$5K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,000,000
LP · 65.0%$650K
GP · 34.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Operations/Capital

Where each dollar goes

$1M
LP $650K · Fees $5K · GP $345K
GROSS PROCEEDS$1MGPFFees to Manager$5,000 · 0.5% of grossLPT1Preferred Return (6%)$150,000 · 15.0% of grossLPT2Return of Capital$500,000 · 50.0% of grossGPT3100% to Manager (residual)$345,000 · 34.5% of gross$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
$345K
Compare