I recently added MIT to my portfolio. A 7% yield for a blue chip Reit which I believed is sustainable, is good enough for me. I am not bothered by the fact that it is trading above NAV. For my previous analysis, please see here. I decided to do some stress tests. I am being realistic here, not conservative. You can apply a harsher test for bigger MOS. First interest rate hike test. 126 mio to mature in FY 15, lets add 1% more interest cost for this amount. 199 mio to mature in FY 16, lets add 2% more interest cost for this amount 145 mio to mature in FY 17, lets add 3% more interest cost for this amount 1.25 mio + 4 mio + 4.35 mio = 9.6 mio extra cost. Next occupancy loss. The picture show industry occupancy rate as a whole, you ......