Waterfalls
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Running the numbers on
Secured Real Estate Income Strategies, LLC· SREIF Manager II, LLC
Back to fund
LP IRRⓘ
20.0%
annualized
LP Multipleⓘ
2.48×
$1M
LP Takeⓘ
82.8%
of gross proceeds
GP Takeⓘ
17.2%
incl. fees
Fee Dragⓘ
4.8%
$73K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,500,000
LP · 82.8%$1M
GP · 12.4%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $1M · Fees $73K · GP $186K
GROSS PROCEEDS$2MGPFFees to Manager$72,500 · 4.8% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPT2Preferred Return (20%)$500,000 · 33.3% of grossGPT3GP Catch-up (20%)$125,000 · 8.3% of grossLPGPT4Residual Split (80% / 20%) · 20.2%Limited Partners · $242KGeneral Partner · $61K$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
$500K
T3
GP Catch-up (20%)
General Partner
$125K
T4
Residual Split (80% / 20%)
Limited Partners
$242K
T4
Residual Split (80% / 20%)
General Partner
$61K
Compare