Waterfalls
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Running the numbers on
Secured Real Estate Income Strategies, LLC· SREIF Manager II, LLC
Back to fund
LP IRRⓘ
13.3%
annualized
LP Multipleⓘ
1.87×
$935K
LP Takeⓘ
93.5%
of gross proceeds
GP Takeⓘ
6.5%
incl. fees
Fee Dragⓘ
6.5%
$65K
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 · 93.5%$935K
Fees · 6.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $935K · Fees $65K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$65,000 · 6.5% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (20%)$435,000 · 43.5% of gross$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
$435K
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