Our on hand liquid ready cash is 20% of our monthly outflow.

Our arrears from shareholders averages .2% of our yearly expected inflow of funds for all payments (maintenance, assessment, bulk cable, parking, etc.)

Our capital reserves at year end are typically $500,000.

So with 500 units, we have $1,000 per unit in our capital reserves at year end.

Our inflow for capital reserves is almost $2,000 per unit per year. Note that we collect nearly $1,000,000 per year in assessments for ongoing capital improvements per the AICPA required supplementary schedule. Our outflow is thus $2,000+/- per unit per year.

By the way we have no underlying mortgage, having paid off the original mortgage without ever refinancing or taking a new mortgage.