FREE EQUITY MODEL · v1.2
Free Preferred Equity Model
Track preferred return accrual, capital return and residual value ahead of common equity.
Immediate downloadNo credit cardDirect .xlsx file
Download free model- Editable formulas and assumptions
- Base and downside cases
- Built-in reconciliation checks
- Investor and lender outputs
Preferred Equity Model v1.2
Updated 17 September 2026. The screenshots are generated from the actual workbook. Illustrative defaults must be replaced and independently reviewed for live decisions.
WHAT THE MODEL DOES
From assumptions to an auditable investment case.
A non-participating preferred-equity model with compounded unpaid preference, preferred capital return, sponsor capital and residual cash. Distribution checks ensure every euro of available cash is allocated once.
How to use it
- Read the instructions and checks before changing the workbook.
- Replace blue input cells with deal-specific costs, timing, operations and financing.
- Review monthly cash flow, peak funding and the debt schedule before relying on returns.
- Run the downside case and confirm every validation check equals zero.
- Export the dashboard only after an independent review of assumptions and formulas.
MODEL STRUCTURE
Worksheets included
01Dashboard
02Assumptions
03Waterfall
04Sensitivity
05Checks
06ReadMe
WHO IT IS FOR
Built for the full deal team
Private equity firmsDevelopersFamily officesInvestment analystsCapital advisers
Quality controls
Cash flow, debt and distribution schedules include model-specific checks. All IRR formulas use explicit, cash-flow-appropriate starting guesses to avoid false convergence errors.
CLEAR ANSWERS