Capital account
SampleSample Family Office LLC, as of the end of year four, month 48.
Sample Family Office LLC does not exist. Every figure is the sample deal's own simulation at a $500K commitment; not a live capital account.
- Commitment
- $500,000.00
- 2.74% ownership, 2.7372% of $18.3M raised
- Contributed
- $500,000.00
- Unfunded $0.00Year four: $0.00
- Distributed · posted
- $35,944.41
- Year four: $35,944.41
- Net invested after distributions
- $464,055.59
- Contributed less distributed
Ledger
Amounts in dollars, always positive; the type carries the direction.
- Year 1$363,284.35ContributionPostedNet invested after distributions $363,284.35
- Year 2$136,715.65ContributionPostedNet invested after distributions $500,000.00
- Year 4$35,944.41DistributionPostedNet invested after distributions $464,055.59
- Year 5$38,467.55DistributionProjectedNet invested after distributions $425,588.04
- Year 6$403,534.67Return of capitalProjectedNet invested after distributions $22,053.37
- Year 7$22,300.25DistributionProjectedNet invested after distributions ($246.88)
- Year 8$25,017.40DistributionProjectedNet invested after distributions ($25,264.28)
- Year 9$27,802.50DistributionProjectedNet invested after distributions ($53,066.78)
- Year 10$787,980.82DistributionProjectedNet invested after distributions ($841,047.60)
| Period | Amount | Type | Memo | Status | Net invested after distributions | Details |
|---|---|---|---|---|---|---|
| Year 1 | $363,284.35 | Contribution | Capital call, land and early construction draws | Posted | Net invested after distributions $363,284.35 | |
| Year 2 | $136,715.65 | Contribution | Capital call, remaining equity drawn | Posted | Net invested after distributions $500,000.00 | |
| Year 4 | $35,944.41 | Distribution | Preferred return | Posted | Net invested after distributions $464,055.59 | |
| Year 5 | $38,467.55 | Distribution | Preferred return | Projected | Net invested after distributions $425,588.04 | |
| Year 6 | $403,534.67 | Return of capital | Capital returned at the refinance | Projected | Net invested after distributions $22,053.37 | |
| Year 7 | $22,300.25 | Distribution | Preferred return | Projected | Net invested after distributions ($246.88) | |
| Year 8 | $25,017.40 | Distribution | Preferred return | Projected | Net invested after distributions ($25,264.28) | |
| Year 9 | $27,802.50 | Distribution | Preferred return | Projected | Net invested after distributions ($53,066.78) | |
| Year 10 | $787,980.82 | Distribution | Sale proceeds, profit split | Projected | Net invested after distributions ($841,047.60) | |
| Whole hold, posted plus projected | $1,341,047.60 | ($841,047.60) |
Year 1 contribution
Posted, on or before month 48
- Amount
- $363,284.35
- Type
- Contribution
- Memo
- Capital call, land and early construction draws
- Net invested after this entry
- $363,284.35
- Status
- Posted
Year 2 contribution
Posted, on or before month 48
- Amount
- $136,715.65
- Type
- Contribution
- Memo
- Capital call, remaining equity drawn
- Net invested after this entry
- $500,000.00
- Status
- Posted
Year 4 distribution
Posted, on or before month 48
- Amount
- $35,944.41
- Type
- Distribution
- Memo
- Preferred return
- Net invested after this entry
- $464,055.59
- Status
- Posted
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Year 5 distribution
Projected, not posted: the plan, not a record
- Amount
- $38,467.55
- Type
- Distribution
- Memo
- Preferred return
- Net invested after this entry
- $425,588.04
- Status
- Projected
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Year 6 distribution
Projected, not posted: the plan, not a record
- Amount
- $403,534.67
- Type
- Return of capital
- Memo
- Capital returned at the refinance
- Net invested after this entry
- $22,053.37
- Status
- Projected
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Year 7 distribution
Projected, not posted: the plan, not a record
- Amount
- $22,300.25
- Type
- Distribution
- Memo
- Preferred return
- Net invested after this entry
- ($246.88)
- Status
- Projected
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Year 8 distribution
Projected, not posted: the plan, not a record
- Amount
- $25,017.40
- Type
- Distribution
- Memo
- Preferred return
- Net invested after this entry
- ($25,264.28)
- Status
- Projected
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Year 9 distribution
Projected, not posted: the plan, not a record
- Amount
- $27,802.50
- Type
- Distribution
- Memo
- Preferred return
- Net invested after this entry
- ($53,066.78)
- Status
- Projected
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Year 10 distribution
Projected, not posted: the plan, not a record
- Amount
- $787,980.82
- Type
- Distribution
- Memo
- Sale proceeds, profit split
- Net invested after this entry
- ($841,047.60)
- Status
- Projected
The memo names the tier most of the year's dollars came through. The waterfall section shows the full split.
Projected, not posted: rows from year five forward are the plan, not records.
Reading the ledger net invested, tiers, the as-of clock
Net invested after distributions is contributions less distributions after each entry. A figure in parentheses is negative: distributions have exceeded contributions, which the plan reaches in year seven.
Projected distributions from year five forward total $1,305,103.19, which with the $35,944.41 already posted is this account's share of everything the simulated waterfall pays investors over the hold, to the cent. The plan arrives only if the deal does.
Each distribution's memo names the tier most of that year's dollars came through; the deal page's waterfall section shows the full split.
The share is the commitment over total equity raised. All equity is pari passu inside the simulation's investor bucket, which includes the sponsor's own co-investment, so this account is a pro rata slice of every investor dollar the waterfall pays.
Month 48 is the close of the first stabilized year, the same clock the operations and variance pages read.
Apolis is in this deal too
SampleApolis- Commitment
- $10,000.00
- The fee, invested as an LP
- Ownership
- 0.05%
- 0.0547% of total equity
- Contributed
- $10,000.00
- Called in years one and two
- Distributed
- $718.89
- Posted through year four
The sponsor pays the Apolis fee in cash at close. Apolis then invests the same amount as an LP, in the same class and economics as every other investor; the deal's $25,000 minimum is waived for this position.
Related party: Apolis formats this deal and holds a position in it. The sponsor discloses this in its offering documents.
Final structure subject to legal documentation.
Terms of the position
Same class, same pari passu share of every investor dollar the waterfall pays, computed by the same allocation as the account above.
Capital statementEvery posted entry to date, to the cent
Subscription-Agreement_Sample-Family-Office-LLC.pdf
Executed at closing, Jan 2027
Quarterly-Statement_Year-4_Q1.pdf
Months 37 to 39
Quarterly-Statement_Year-4_Q2.pdf
Months 40 to 42
Quarterly-Statement_Year-4_Q3.pdf
Months 43 to 45
- Quarterly-Statement_Year-4_Q4.pdf
Months 46 to 48, with the full year against plan
K-1_Year-4_Sample-Family-Office-LLC.pdf
Posted to the deal room. The sponsor targets K-1 delivery by March 15; timing depends on the partnership's tax filing
Sample artifacts. Only the Q4 statement opens: its operating section is the plan against actual page.
Records capital events, never moves money
Every row is a record of a movement that happened at the bank, entered after the fact. No transfer, payment rail or bank connection sits behind this page.
K-1s are delivered, never prepared
The partnership's CPA prepares the K-1; Apolis posts it to the deal room and logs the delivery.
The ledger is immutable
A posted entry is never edited or deleted. A correction posts as a new entry that names what it corrects.