Waterfalls
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Running the numbers on
Reitless Impact Income Strategies LLC· North Capital, Inc.
Back to fund
LP IRRⓘ
2.7%
annualized
LP Multipleⓘ
1.15×
$573K
LP Takeⓘ
57.3%
of gross proceeds
GP Takeⓘ
42.8%
incl. fees
Fee Dragⓘ
42.8%
$428K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,000,000
LP · 57.3%$573K
Fees · 42.8%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $573K · Fees $428K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$427,500 · 42.8% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (75%)$72,500 · 7.2% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T1
Return of Capital
Limited Partners
$500K
T2
Preferred Return (75%)
Limited Partners
$73K
Compare