If I invest $25,000, my monthly income goes down by $167 for 12 months (August 2027).
At that point I decide:
AStart receiving payments, which takes my monthly income up to $14,058, and earns $7,081 in interest across the four years.
BConvert to shares. If MI is valued at $4m then, my $25,000 is worth $50,000 on paper.
B2And if it reaches $20m three years after that, the same stake is worth $250,000.
Midpoint of each range is what the split beside this uses.
A later round issues new shares, so a 1.25% stake can end up smaller than 1.25%. Dilution is not modelled here.