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 · 72.8%$637K
Fees · 10.6%
GP · 16.6%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $637K · Fees $93K · GP $146K
Gross proceeds at exit
$875K
FFees to Manager
$92,500 · 10.6% of gross
taken before the waterfall→ GP $93K
T1Class A Preferred Return (Net Operating Cash Flow) · First, to Class A and Class B Members in proportion to accrued but undistributed Preferred Return. Class A pref tiered: Yr1 8% (10% for first $2M), Yr2 9% (10% for first $2M), Yr3+ 10%. Applies to Net Operating Cash Flow distributions.
$100,000 · 11.4% of gross
uncapped — takes what remains→ A $100K
T2Residual Split of Net Operating Cash Flow — 50% to Class A/B pro rata · Thereafter, 50% to Class A and Class B Members as a group, pro rata based on relative Membership Interest (Net Operating Cash Flow)
$291,250 · 33.3% of gross
uncapped — takes what remains→ A $291K
Where it lands · of gross proceeds
LP $637K (72.8%)Fees $93K (10.6%)GP $146K (16.6%)
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier traceSame numbers, tabular. Click to expand.▾
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
Class A Preferred Return (Net Operating Cash Flow) · First, to Class A and Class B Members in proportion to accrued but undistributed Preferred Return. Class A pref tiered: Yr1 8% (10% for first $2M), Yr2 9% (10% for first $2M), Yr3+ 10%. Applies to Net Operating Cash Flow distributions.
Class A
$100K
T2
Residual Split of Net Operating Cash Flow — 50% to Class A/B pro rata · Thereafter, 50% to Class A and Class B Members as a group, pro rata based on relative Membership Interest (Net Operating Cash Flow)
Class A
$291K