Break-even occupancy

Break-even occupancy is a term commonly used in the real estate industry, specifically for rental properties. It refers to the minimum occupancy rate required for a property owner to cover all the property's expenses, such as mortgage payments, maintenance costs, property taxes, and utilities, without incurring a financial loss. It is the point at which rental income equals the total expenses associated with owning and operating the property, resulting in a break-even situation.