Five-year reserve planning My HOA Budget

Washington, District of Columbia co-op association

Unclaimed profile

The Watergate

The Watergate is a co-op association in Washington, District of Columbia. This profile tracks monthly dues $579–$10,139/mo, 630 units, built in 1967, reserve study status not yet verified, along with amenities, reserv...

co-op Public records Reserve health: Unknown Browse Washington communities District of Columbia reserve laws

Profile 56% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 630
Year built 1967
Monthly dues $579–$10,139/mo
Reserve health Unknown
Active listings 25
Median sale price $700K

Amenities

PoolGymConciergeDoormanParking garageElevator

Board and management

No board roster is listed in the cited sources.

Reserve study and funding

We do not have reserve study details on record for The Watergate. Review the editable example below before treating any forecast as community-specific.

Review editable example

5-year outlook

What changes this five-year example?

Special assessments can run into thousands per unit when major work outruns reserves. This starts with the known numeric values listed below, then lets you change every example before relying on the result for The Watergate.

Reserve-health labels, year built, and District of Columbia law summaries are not used to change the solver numbers.

Editable assessment example Adjustable dues increases Five-year reserve projection
I am a...

Known values applied: unitCount -> unit count; duesRange lower bound -> annual dues revenue.

Editable examples, not community facts: starting reserve: editable example scaled from unit count at $15k/unit; annual operating expense: editable example scaled from annual revenue at 84%.

Local calculator

Five-year reserve projection from reviewed numbers

Start with the example, enter figures by hand, or review local files before applying values. Nothing here is uploaded or saved by MHB. This example is not a reserve study, a funding-sufficiency conclusion, or an assessment prediction.

5-year ending reserve$12.63MAbove example target

Use your figures

Review documents or enter the same values by hand.

Files are read only in this browser, are not uploaded, and are not stored by MHB.

Scenario figures can be entered manually or read from local files.

Budget

Dues revenue, operating expense, and unit count.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Reserve study

Starting reserve balance and scheduled capital work.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Assessment history

Assessment amount and projected year.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Enter figures manually

These whole-number fields match the document review fields. Changing them recomputes the projection immediately.

$0EXAMPLE TARGET - $1.0M202620272028202920302031$12.6M
Projection text equivalent
YearReserve balance
2026$9.45M
2027$10.07M
2028$10.62M
2029$10.95M
2030$11.67M
2031$12.63M
5%
4%

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Copy and CSV exports use reviewed numbers and caveats. The share link keeps only numeric controls.

Current ending balance$12.63M
Current lowest balance$10.07M2027
Ending deltaSave baseline

Save the current case before changing controls to compare ending balance, lowest balance, and yearly deltas.

Fields: manual entry fields; ending delta: 0; lowest delta: 0

Save a baseline before exact totals can be included. Until then, the handoff contains only field names and zero comparison bands for the current scenario.

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Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About The Watergate

The Watergate is a 630-unit residential complex in Washington, DC, built 1963-1971. The iconic development includes three residential cooperatives (East, South, West) along the Potomac. Famous for the 1972 political scandal, it remains one of DC’s most prestigious addresses.

What we know

  • Property type: Co-op
  • Units: 630
  • Year built: 1967
  • Address: 2500 Virginia Ave NW, Washington, DC 20037
  • Monthly dues: $579–$10,139/mo
  • Active listings: 25
  • Median sale price: $700K
  • Amenities: Pool, gym, concierge, doorman, parking garage, elevator

Reserve health

Reserve health hasn’t been verified for The Watergate yet. Before you approve a budget, pay a special assessment, or close on a unit here, District of Columbia law defines exactly what reserve records a co-op must keep and what owners can request — see District of Columbia condo reserve funding rules.

No reserve study or funding data has been verified for this community.

What’s still missing

To build a complete picture of this community, we’d need:

  • Reserve study date and reserve balance
  • Reserve funding percentage
  • Management company
  • Board roster
  • Assessment history

Verification note

This profile is based on the sources named in its profile footer. It has not been board-verified; confirm material facts directly with the association.

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316 units $500–$2,000/mo condo

District of Columbia laws that apply here

Condo reserve funding

District of Columbia condominium reserve funding rules, in plain language

How the D.C. Condominium Act actually handles reserves — through association budget and assessment authority plus a resale-disclosure requirement — and what it means that there is no statutory reserve-study cycle for a board, owner, or buyer.

D.C. Code § 42-1903.12 — D.C. Condominium Act, association powers and budgets (with resale disclosure at § 42-1904.11)

Profile verification status

This profile has not been claimed or verified by the board or property manager. Treat missing details as unknown, and confirm important facts directly with the association before relying on them.

Next step

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