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ⓘ
43.3%
of gross proceeds
GP Takeⓘ
56.7%
incl. fees
Fee Dragⓘ
0.3%
$5K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,500,000
LP · 43.3%$650K
GP · 56.3%
Limited PartnersFees to ManagerGP Promote
Cascade · Operations/Capital

Where each dollar goes

$2M
LP $650K · Fees $5K · GP $845K
GROSS PROCEEDS$2MGPFFees to Manager$5,000 · 0.3% of grossLPT1Preferred Return (6%)$150,000 · 10.0% of grossLPT2Return of Capital$500,000 · 33.3% of grossGPT3100% to Manager (residual)$845,000 · 56.3% of gross$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
$845K
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