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Oycora methodology

Break-Even Occupancy

The rental occupancy needed for collected rental income and other income to cover fixed obligations and percentage-based expenses under Oycora's algebraic model.

Methodology v1.0Effective 2026-08-23Last reviewed 2026-08-23

How this is calculated

Break-even occupancy solves the cash-flow equation for occupancy rather than dividing costs by gross rent alone.

Oycora leaves results above 100% uncapped and uses the superseding algebraic methodology.

Why it matters

It shows how much rental occupancy the modeled obligations require.

What is included

  • Scheduled rental income
  • Recurring other income
  • Fixed operating expenses
  • Percentage expenses
  • CapEx reserve
  • Debt service
  • Recurring financing costs

What is excluded

  • Income taxes
  • Depreciation
  • Sale proceeds

Assumptions and limitations

  • Values can exceed 100%, indicating the modeled property does not break even within full occupancy.

Used in Oycora