Waterfalls
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Running the numbers on
MHPI V, LLC· MHP Management, LLC
Back to fund
LP IRRⓘ
8.3%
annualized
LP Multipleⓘ
1.49×
$745K
LP Takeⓘ
85.2%
of gross proceeds
GP Takeⓘ
14.6%
incl. fees
Fee Dragⓘ
14.6%
$128K
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 · 85.2%$745K
Fees · 14.6%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $745K · Fees $128K · GP $425
GROSS PROCEEDS$875KGPFFees to Manager$127,500 · 14.6% of grossBT28% Preferred Return on Unreturned Ca…$100,000 · 11.4% of grossBT416% Capital Transaction Preferred Re…$200,000 · 22.9% of grossBT6Operations residual: 40% to Class B+…$59,000 · 6.7% of grossBT7Capital event residual: 80% to Class…$42,480 · 4.9% of gross$residual $346K
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T2
8% Preferred Return on Unreturned Capital Contributions · Cumulative, non-compounding
Class B
$100K
T4
16% Capital Transaction Preferred Return · Only from Available Cash from Refinancing/Sale
Class B
$200K
T6
Operations residual: 40% to Class B+C pro rata by Percentage Equity Interest, then Class B catch-up so that Class B receives amount as if 50% had been allocated to B+C · Operations only; Class B receives a top-up before Class A residual
Class B
$59K
T7
Capital event residual: 80% to Class B+C pro rata by Percentage Equity Interest · Cap events (refi/sale) only
Class B
$42K
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