Runpod Fee ⓘRunpod's share of gross rental revenue. This percentage is taken directly from customer payments.%
Datacenter rake ⓘDatacenter's share of gross rental revenue. This percentage is taken directly from customer payments.%
Silicon Fee ⓘSilicon's share of gross rental revenue. This percentage is taken directly from customer payments.%
Tax Rate%
Debt Financing
Debt APR ⓘAnnual percentage rate on debt financing. CAPEX = 100% debt. Choose repayment schedule below (amortizing vs balloon). Interest is tax deductible (California).%
Partial Amort ⓘShare of original principal paid down via scheduled P&I through the loan term. The remainder is due from liquidation proceeds at exit (same as balloon principal).%
Repayment
RETURN PROFILE
Total$0
Total CAPEX ⓘTotal capital expenditure: Number of Servers × Server Cost🔧Servers × Server Cost
$1,990,000
Gross Rental Revenue ⓘSum of ((GPU Hourly Rate + Disk Hourly Rate) × 730 × 8 × Utilization) for all months. Raw rental income before any fees.🔧Σ((GPU Rate + Disk Rate) × 730 × 8 × Util) for each month (Rates decay monthly)
$7,234,567
Payback ⓘMonth when cumulative Pool Earnings (pre-tax) equals Total CAPEX🔧Month where: Σ(Pool Earnings) ≥ CAPEX
Month 21
ROI ⓘReturn on Investment: Pool Net Profit ÷ Total CAPEX🔧Pool Net Profit ÷ Total CAPEX
141%
APR ⓘSimple annualized return on CAPEX: (Pool Net Profit ÷ CAPEX) × (12 ÷ Term). Easier than IRR but ignores timing.🔧(Pool Net Profit ÷ CAPEX) × (12 ÷ Term)
24.1%
POOL FINANCIALS
Total Cash Inflow ⓘPool earnings after tax, plus liquidation. With debt, subtract payments per repayment setting (amortizing P+I vs balloon interest during term).🔧Pool Earnings − Tax − Debt service (if debt) + Liquidation
CAPEX ⓘPool's upfront capital investment (100% of CAPEX).🔧= Total CAPEX (100% upfront)
$4,612,351
Depreciation Expense ⓘStraight-line depreciation: (CAPEX − Liquidation Value) / Term. Pool owns the asset.🔧(CAPEX − Liquidation) ÷ Term
$80,000
Liquidation Value ⓘExpected residual value at end of term: CAPEX × Residual %. Pool receives at exit.🔧CAPEX × Residual %
$20,000
Taxable Income ⓘPool Earnings − Depreciation Expense. Pool claims depreciation as asset owner.🔧Pool Earnings − Depreciation
$500,000
Total Tax ⓘTaxable Income × Tax Rate. May be reduced by depreciation shield.🔧max(0, Taxable Income) × Tax Rate
$125,000
Pool Net Profit ⓘ−Total CAPEX + Pool Earnings + Liquidation Value − Tax. After-tax return on invested capital.🔧−CAPEX + Pool Earnings + Liquidation − Tax
$734,567
PROVIDER FINANCIALS
Datacenter Gross Revenue ⓘGross Rental Revenue − Runpod Fee. Revenue to datacenter before other fees.🔧Gross Rental − Runpod Fee
Partial Amort ⓘShare of original principal paid down via scheduled P&I through the loan term. The remainder is due from liquidation proceeds at exit.%
Repayment
Costs
OPEX ⓘSilicon operating expense per server per month. Scales with server count; deducted from Silicon earnings before tax.$/server/mo
Silicon Network Overhead ⓘFixed monthly corporate overhead (headcount, G&A, etc.) for Silicon Network. Deducted each month when computing taxable income and after-tax Silicon cash flows (not included in “Silicon earnings” column).$/mo
Cavu ⓘPercentage of gross customer rental revenue each month. Silicon-funded fee; deducted pre-tax from Silicon earnings.%
Revenue
Starting GPU Hourly Rate
Annual Hourly Rate Decay%
Utilization%
Disk volumes monthly rate$/GB/mo
Average disk storage rented per serverGB
Runpod Fee%
Datacenter rake ⓘDatacenter (FarmGPU) share of gross revenue%
Tax Rate%
RETURN PROFILE
Total$0
Total CAPEX
$1,990,000
Payback
Month 21
ROI
141%
APR
24.1%
SILICON FINANCIALS
Gross Rental Revenue ⓘSum of monthly gross customer rental revenue over the full investment term.
$7,234,567
Silicon Earnings ⓘSum over the term of monthly silicon (pool) earnings: gross rental revenue minus Runpod fee, datacenter rake, datacenter OPEX guarantee, per-server Silicon OPEX, and Cavu—before income tax, lender principal & interest, and Silicon Network Overhead.
$859,567
Silicon OPEX ⓘTotal over the lease term: $/server/month × servers × term.
$0
Silicon Network Overhead ⓘTotal over the lease term: monthly Silicon Network Overhead × term (tax-deductible overhead).
$0
Cavu ⓘTotal fees over the term: Cavu % × each month’s gross customer revenue.
$0
Interest Expense ⓘSum of lender interest over the term (principal excluded). Tax-deductible in the taxable-income calculation.
Full Debt tab inputs, totals, and monthly rows (taxable income & Silicon cash flow). Refresh updates after any calculation; copy for independent checks.
CAPEX
$1.99M
→
Silicon Earns
$3.46M
Silicon Profit
+$1.47M+74%
Investment Terms
Direct lease to offtaker — broker & datacenter % of monthly lease (same top line as Debt: hourly × servers × 730 × 8)
Assets
Number of Servers
Server Cost (CAPEX)
Additional loan draw (deal setup) ⓘExtra principal financed with the facility (rack-and-stack, design consulting, datacenter lease downpayment, networking gear, etc.). Added to server CAPEX for debt principal; does not change hardware liquidation residual.
Liquidation Residual%
Tax depreciation (straight-line) ⓘDepreciable amount is (100% − liquidation residual) × CAPEX, recognized evenly over the lease term—same as “economic” unrecovered CAPEX at exit. No separate control.—
Partial Amort ⓘShare of original principal paid down via scheduled P&I through the loan term. The remainder is due from liquidation proceeds at exit.%
Repayment
Costs
OPEX ⓘSilicon operating expense per server per month. Scales with server count; deducted from Silicon earnings before tax.$/server/mo
Silicon Network Overhead ⓘFixed monthly corporate overhead for Silicon Network. Deducted when computing taxable income and after-tax Silicon cash flows.$/mo
Cavu ⓘPercentage of gross monthly offtaker lease. Silicon-funded fee; deducted pre-tax from Silicon earnings.%
Lease revenue
Add one or more periods within the investment term. Each month uses the period that covers it (first matching period if ranges overlap). Contract uses fixed full-utilization lease; on-demand follows the Advanced model (decay, utilization, marketplace / silicon / provider splits). Pre-revenue has no lease revenue (fields zeroed) — use for drawdown / debt service before the contract starts.
RETURN PROFILE
Total$0
Total CAPEX
$1,990,000
Loan amount ⓘSenior principal funded after prepay: Total CAPEX + additional loan draw − customer prepay that reduces debt (contract prepay with “Paid month 0” only). Zero when debt APR is 0.
$0
Payback
Month 21
ROI
141%
APR
24.1%
SILICON FINANCIALS
Customer prepayment ⓘTotal customer contract prepay cash (sum of prepay % × undiscounted list gross × months in each contract period). Pre-tax cash available for equity / loan downpayment—not the same as Silicon net revenue in month 0, which applies booked income tax on Silicon’s prepay recognition.
$0
Downpayment ⓘCustomer prepayment as a share of total hardware CAPEX (servers × unit cost)—cash coverage toward senior loan sizing after prepay offsets gross funding need.
—
Gross lease revenue ⓘSum of monthly gross lease payments over the full investment term.
$7,234,567
Silicon Earnings ⓘSum over the term of each month’s silicon residual: gross lease minus broker or marketplace/datacenter splits (and on-demand silicon fee where applicable), per-server Silicon OPEX, and Cavu—before income tax, lender principal & interest, and Silicon Network Overhead.
$859,567
Silicon OPEX ⓘTotal over the lease term: $/server/month × servers × term.
$0
Silicon Network Overhead ⓘTotal over the lease term: monthly Silicon Network Overhead × term.
$0
Cavu ⓘTotal fees over the term: Cavu % × each month’s gross lease.
$0
Interest Expense ⓘSum of lender interest over the term (principal excluded). Tax-deductible in the taxable-income calculation.
Datacenter gross (lease − broker) ⓘTotal gross lease over the term minus broker fees—Σ(monthly lease − broker). Matches the datacenter-facing gross basis before Cavu and the silicon residual.
$0
Monthly Net Cash Flow
Monthly Cash Flow
Month
GPU $/hr
Monthly lease
Silicon earnings
After-tax profit
Depreciation Schedule
Month
Depreciation
Cumulative Depreciation
Book Value
Taxable Income Calculation
Month
Silicon earnings
Taxable income
Tax
Stakeholder earnings
Month
Gross lease
Broker
Silicon
Datacenter
Lender
Silicon Cash Flow Model
Month
Silicon earnings
Tax
Lender
Silicon net revenue
Cumulative
Validation export (JSON)
Full Debt-direct tab inputs, totals, and monthly rows. Refresh updates after any calculation; copy for independent checks.
Summary
Monthly ARR for each simulation. Hover over a point to see revenue.
Create simulations and add scenarios to see ARR comparison.
Builder
Drag scenarios onto months. Drop on multiple months to add to each. Drag to remove zone to delete. Max 5 per month.
Drag here to remove
Silicon metrics (Month 1)
Total CAPEX$0
Gross rental revenue$0
Silicon Gross Revenue$0
Imputed ARR (earnings × 12)$0
Silicon earnings projection (ARR per period)
Drag scenarios into months above to see earnings projection.
Validation export (JSON)
Snapshots ARR simulations and Debt-tab scenarios. Use Refresh snapshot, then Copy to clipboard, and paste elsewhere to verify formulas.
Summary
Monthly ARR for each Private Credit simulation (Debt model). Hover to see revenue.
Create simulations and add Debt scenarios to see ARR comparison.
Builder
Drag Debt scenarios onto months. Save scenarios from Debt tab first.
Drag here to remove
Silicon metrics (Month 1)
Total CAPEX$0
Silicon Owned CAPEX$0
Gross rental revenue$0
Silicon Gross Revenue$0
Silicon OPEX$0
Silicon Net Profit (Monthly)$0
Silicon Net Profit (Cumulative)$0
Imputed ARR (Gross × 12)$0
Cumulative Debt & Equity by month
Bars: red = debt (bottom), green = equity (top). Hover any bar for exact values.
Table & metrics: green = positive amounts, red = negative amounts (includes Net, Cash BOM, Cash EOM)
Hover a month bar for cumulative debt and equity at month-end.
Drag Debt scenarios into months above to see projection.
Silicon Cash Flow Model
Each month's CAPEX = draw against agreed capital. Debt repayment follows each scenario's setting (amortizing P+I vs balloon). Liquidation = asset sale in the month following each deployment's last operating month (balloon principal aligns with that timing). Moderate reinvestment: up to 50% of cumulative; D2E < 2.0 after M18.
Mo ⓘProject month (1–60)
Gross ⓘRaw rental income from GPU servers before marketplace fees, datacenter share, or taxes
Tax ⓘIncome tax on Silicon's taxable earnings (after depreciation and interest)
Lender ⓘPayments to the facility lender: amortizing = scheduled principal + interest each month; balloon = interest during term and principal at liquidation month
Liq. ⓘCash received when servers are sold at end of each deployment's term (residual value)
OPEX ⓘMonthly operating expenses (stepped: $25K–$200K based on scale)
Cash BOM ⓘModeled Silicon cash at the start of this month (same as end of prior month). Starts at $0 before month 1.
Net ⓘGross minus Tax, Lender, OPEX, plus Liquidation, minus Equity CAPEX. Net cash flow for the month.
Cash EOM ⓘModeled Silicon cash at month-end after Net: running sum of Net from month 1. Simplified model—not an audited bank balance.
Owned ⓘTotal CAPEX spent on servers owned outright (not debt-financed). From moderate reinvestment of cash flow.
Debt ⓘOutstanding facility balance: cumulative draws minus amortized principal paydown through each month.
Deprec. ⓘBook value of all servers (debt- and equity-funded) using straight-line depreciation.
Equity ⓘNet worth: Cash EOM + Deprec. Server Value − Current Debt
D2E ⓘDebt-to-Equity ratio. Current Debt ÷ Equity. Target < 2.0 after M18.
Footprint
Cumulative active servers under management. Power at 10,300W per server.
Month
Servers
Power (MW)
Sensitivity (Tornado)
±20% variation on each input, one at a time; base case held constant. Output: Silicon Net Profit Cumulative (M60). Longest bars = inputs that swing your outcome the most.
Validation export (JSON)
Includes Debt-tab scenarios, Private Credit simulations, and derived Silicon Cash Flow rows (numeric, 60 months per simulation). Refresh, Copy, paste for independent math checks.
Save Scenario
New scenarios are saved to the cloud so they appear for everyone. Optional password encrypts inputs (recipients need the password). Delete works only from the browser where you created the scenario. If the cloud API is unavailable, saves fall back to this browser only.
Unlock scenario
Save Private Credit workspace
Saves all Private Credit simulations plus Debt-tab scenarios used by them to Supabase. Everyone sees it in the cloud list; optional password encrypts the bundle. Delete from cloud only works from this browser if you saved it here.