Break-Even Occupancy
How vacant can the building get before you bleed?
Break-even occupancy is the percentage of rent-paying units needed to cover opex plus debt service. Compare it to market vacancy in your CMA to see how much cushion the deal has.
Break-even occupancy
51.2%
ADS ÷ (GPR × (1 − opex%))
Margin vs. market (98.0%)
+46.8%
Market vacancy: 2.0%
Margin vs. current (96.0%)
+44.8%
DCR today: 1.88x
70.0%
$220,356
1.37x
72.5%
$249,606
1.42x
75.0%
$278,856
1.47x
77.5%
$308,106
1.51x
80.0%
$337,356
1.56x
82.5%
$366,606
1.61x
85.0%
$395,856
1.66x
87.5%
$425,106
1.71x
90.0%
$454,356
1.76x
92.5%
$483,606
1.81x
95.0%
$512,856
1.86x
97.5%
$542,106
1.91x
100.0%
$571,356
1.95x
Break-even line marked at 51.2%. Rows at or below this occupancy are cash-flow-negative.
At current occupancy of 96.0%
- EGI
- $1,728,000
- Opex
- $604,800
- NOI
- $1,123,200
- Cash flow
- $524,556
Annual debt service: $598,644