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Running the numbers on
MHPI III, LLC· MHP Portfolio, LLC and RV Horizons, Inc.
Back to fund
LP IRR
-1.6%
annualized
LP Multiple
0.92×
$461K
LP Take
52.7%
of gross proceeds
GP Take
47.3%
incl. fees
Fee Drag
20.2%
$177K
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 · 52.7%$461K
Fees · 20.2%
GP · 27.1%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $461K · Fees $177K · GP $237K
GROSS PROCEEDS$875KGPFFees to Manager$176,650 · 20.2% of grossBT2Operating residual - Class B share ·…$349,175 · 39.9% of grossBT4Return of Unreturned Capital Contrib…$41,901 · 4.8% of gross$residual $307K
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T2
Operating residual - Class B share · Of Class B's allocable share of remaining operating cash
Class B
$349K
T4
Return of Unreturned Capital Contributions (refi/sale) · Until Unreturned Capital Contributions reduced to zero; pro rata across all Members with UCC
Class B
$42K
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