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Commercial Loan Underwriting Break Even Occupancy (Value of project 10,000,000; Partially Amortizing Loan Amount = 7,000,000; Interest Rate = 5.75%; Amortization Period 25 years;

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Commercial Loan Underwriting Break Even Occupancy (Value of project 10,000,000; Partially Amortizing Loan Amount = 7,000,000; Interest Rate = 5.75%; Amortization Period 25 years; Term 6 years; Points=2; PGI = 950,000; OPEX = 220,000; CAPEX=25,000) What is the Break Even occupancy?

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