How to present a deal to investor(s)?

[Jon S Strick]

Hello BP community. New to the site and fairly new to real estate investing. I currently own 2 rentals and in the process of a BRRRR. I've decided after this 3rd single family rental I'd like to switch focus to Multi-family. Here is my question:

When introducing a deal to investors for multi-family syndication, I've read things about 80/20 or 75/25 for cash dispersement. What percentage of the equity do they end up owning? Or when I eventually sell the property are they entitled to any of the capital? 

Example: Purchase a property for 1,000,000. Hold for 10 years and principal is cut down to 600,000. If sold for 1.2 million. Does the investor receive say 300,000 or a certain percentage of the capital? 

Sorry if this question was ill written, and thanks in advance for responses. 

Jon Strick

Appleton, WI