Waterfalls
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Running the numbers on
Secured Real Estate Income Fund II, LLC· SREIF Manager II, LLC
Back to fund
LP IRRⓘ
8.5%
annualized
LP Multipleⓘ
1.50×
$751K
LP Takeⓘ
85.8%
of gross proceeds
GP Takeⓘ
14.2%
incl. fees
Fee Dragⓘ
12.7%
$111K
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 · 85.8%$751K
Fees · 12.7%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $751K · Fees $111K · GP $13K
GROSS PROCEEDS$875KGPFFees to Manager$111,250 · 12.7% of grossLPT1Return of Capital$500,000 · 57.1% of grossLPT2Preferred Return (8%)$200,000 · 22.9% of grossLPGPT4Residual Split (80% / 20%) · 7.3%Limited Partners · $51KGeneral Partner · $13K$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 (80% / 20%)
Limited Partners
$51K
T4
Residual Split (80% / 20%)
General Partner
$13K
Compare