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Running the numbers on
Property Income Trust LLC· Mascia Development
Back to fund
LP IRR
10.4%
annualized
LP Multiple
1.64×
$821K
LP Take
93.9%
of gross proceeds
GP Take
6.1%
incl. fees
Fee Drag
6.1%
$54K
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 · 93.9%$821K
Fees · 6.1%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $821K · Fees $54K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$53,750 · 6.1% of grossLPT190% of ordinary operating cash flow …$739,125 · 84.5% of grossLPT3On capital transactions (sales, refi…$73,913 · 8.4% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
90% of ordinary operating cash flow distributions paid to all Investors as a group, pro rata · Operating cash flow available for distribution at Manager's discretion
Series A Investor Shares
$739K
T3
On capital transactions (sales, refinancings): first, return of invested capital to Investors as a group, pro rata · Capital transaction proceeds available
Series A Investor Shares
$74K
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