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HOA SCORE
®
5.69
/10
Average
Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

The Inverness Condominiums

Inverness Community Association

HOA FINANCES

Average

Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

IMPACT ON OWNERS

Very High

The ratio of Monthly Dues to estimated Mortgage payment is very high. Any increase in Monthly Dues or Special Assessments may have serious financial impact.

What is HOA Score ?

®

It's like a credit score for an HOA... a lower HOA Score® means higher risk of dues increases and special assessments in future.

Derived from HOA financials and MLS Data.

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OUT OF 10.00

Last Update

HOA SCORE

May 5, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

'-24.06

CURRENT INCREASE (%)

'-6.4

LAST YEAR INCREASE (%)

'-6.4

DATA SOURCES

ADDRESS
MLS
DATE
5535 Forbes Avenue, Unit C
277951
12/18/1999
5535 Forbes Avenue, Unit G
1540098
5535 Forbes Avenue, Unit F
1391002
5535 Forbes Avenue, Unit A
1399743
5535 Forbes Avenue, Unit E
1383075
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