Waterfalls
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Running the numbers on
Secured Real Estate Income Strategies, LLC· SREIF Manager II, LLC
Back to fund
LP IRRⓘ
6.6%
annualized
LP Multipleⓘ
1.38×
$689K
LP Takeⓘ
91.8%
of gross proceeds
GP Takeⓘ
8.2%
incl. fees
Fee Dragⓘ
8.2%
$61K
Dollar split

Where your dollar goes

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

Total gross proceeds$750,000
LP · 91.8%$689K
Fees · 8.2%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$750K
LP $689K · Fees $61K · GP $0
GROSS PROCEEDS$750KGPFFees to Manager$61,250 · 8.2% of grossLPT1Return of Capital$500,000 · 66.7% of grossLPT2Preferred Return (20%)$188,750 · 25.2% of gross$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 (20%)
Limited Partners
$189K
Compare