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ⓘ
11.0%
annualized
LP Multipleⓘ
1.69×
$844K
LP Takeⓘ
84.4%
of gross proceeds
GP Takeⓘ
15.6%
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 · 84.4%$844K
Fees · 12.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $844K · Fees $120K · GP $36K
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 (80% / 20%) · 18.0%Limited Partners · $144KGeneral Partner · $36K$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
$144K
T4
Residual Split (80% / 20%)
General Partner
$36K
Compare