TheMonopolyProject (TMP) soared to over $300,000!
Up, Up and Away!
We are now cash poor, and asset rich:
Our total bank accounts are down to less that $2,000 from a starting point of $100,000. We have invested almost all of the original $100K in three houses. The value of those three houses, less the mortgage, is over 300,000 dollars.
TOTAL ASSETS = TMPbank_Account + TMP_Valencia
+ TMP2bank_Account/2 + TMP2_29th/2 + TMP2_Crismon/2
Valencia increased by $8K:
29th Avenue increased by almost $27K; mostly due to Realtor finally catching up with the values estimated by Redfin and Zillow.
Our latest purchase, a condo on Crismon Rd in Mesa, AZ was purchased on 14 January 2022. The estimated value of $330K is just over the purchase price of $325K.
Note that we have also added the historical record for all TheMonopolyProject investment options on our “Historical” page. Here’s what it looks like today going all the way back to the inception of TMP in March of 2019.
TMP has soared, like a beautiful balloon:
Just Jeff to the rescue: he explains what’s going on in the Phoenix housing market:
