Waterfalls
Default
Score model

Pick how composites are weighted for you. Affects every score across the app.

Sign in to save models →
Sign in
Running the numbers on
Secured Real Estate Fund II, LLC· SREIF Manager II, LLC
Back to fund
LP IRRⓘ
12.0%
annualized
LP Multipleⓘ
1.76×
$880K
LP Takeⓘ
88.0%
of gross proceeds
GP Takeⓘ
12.0%
incl. fees
Fee Dragⓘ
12.0%
$120K
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 · 88.0%$880K
Fees · 12.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $880K · Fees $120K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$120,000 · 12.0% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (8%)$200,000 · 20.0% of grossLPGPT4Residual Split (100% / 0%) · 18.0%Limited Partners · $180KGeneral Partner · $0$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 (8%)
Limited Partners
$200K
T4
Residual Split (100% / 0%)
Limited Partners
$180K
T4
Residual Split (100% / 0%)
General Partner
$0
Compare