The occupancy you need just to cover operating expenses and debt service, your margin of safety before the deal goes negative. Updates as you type.
Breakeven occupancy—
Operating expense ratio—
Required income to break even—
Breakeven occupancy = (OpEx + Debt service) ÷ Gross potential rent
Educational tool only. Not financial, investment, tax, or legal advice. A breakeven near or above market occupancy is a warning sign; build in a reserve cushion.
Want to run a property for max return? Asset Management covers occupancy, expenses, and reserves.