How do I calculate vacancy and occupancy without mixing them up?
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Divide vacant units by total units for vacancy, and occupied units by total units for occupancy. If 8 of 80 available units are vacant, vacancy is 10% and occupancy is 90%. These are simple physical unit measures. A report measuring lost rental income may produce a different figure, so identify what is being measured before comparing percentages.
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Discussion prompt: Does the question count units or dollars of lost rent?