Real Estate Waterfall Calculator

Calculating real estate waterfalls can be complicated. Here's a free excel model that'll help you calculate how much General Partners (GPs) and Limited Partners (LPs) will earn based on different IRR hurdles, equity, and net operating income (NOI).

It also includes:

  • The ability to split across 5 IRR hurdles
  • Up to a ten year deal horizon
  • You can add actuals to to adjust deal performance and calculate distributions per investor
Download the model