Community managers: update reserve projections between studies
Between professional reserve studies, costs and lives drift. Reservewren lets a manager keep each community's component list current and present the funding picture to the board in one screen.
How property management teams use Reservewren
- Start from the community's latest reserve study component list.
- Each year, update completed projects, new bids and remaining lives.
- Present percent funded, the lowest projected balance and the funding plans to the board.
- Hand the clean component list to the study firm at the next professional update.
Licence: one association per copy, so a manager needs a copy for each community they use it for.
Example file: a made-up 48-unit condominium, 30 components, underfunded on purpose
| Measure | Example result |
|---|---|
| Percent funded today | 40.9% (Fair) |
| Lowest balance, current plan | -$588,442 in 2044 |
| Current year-1 contribution | $84,000 |
| Threshold plan (never below $100k) | $117,803 |
| Threshold plan per unit / month | $204.52 |
Source: The made-up 48-unit condominium in the Reservewren example file, Dashboard (built by products/reservewren/src/workbook.py; rows in products/reservewren/store/listing.json).
FAQ
Is it accepted by lenders?
Lenders and some states ask for a professional reserve study; this workbook is for planning, not for that requirement.
Why not reserve study software?
Professional software is built for study firms. Reservewren is a $39 workbook for one association's planning.
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