TheMonopolyProject (TMP) is comfortably in second place with a $4,000 gain for April 2021. Stocks (VTSAX) jumped also. In fact, all assets increased, and all are now above their starting point, if only just barely for Oil:
Our formula to calculate our total assets (bank accounts plus home equity) credits one half of the value of the new (29th Ave) house and bank account since it is jointly owned:
TOTAL ASSETS of TMP = TMPbank_account + TMPValencia + TMP2bank_account/2 + TMP2_29th/2
The average estimate of value for the house on Valencia jumped $2,402 this month. That is a slowdown from the past craziness of a $6,000 jump. And now we have a mortgage on Valencia. It started at $172,500. This month we paid off $272 of the principal, increasing our equity by a like amount.
Redfin and Realtor still carry the new house on 29th Avenue at the sales price of $246,000. Zillow shows it over $258K! The mortgage on 29th Avenue started at $184,500. This month we paid off $291 of the principal, increasing our equity by a like amount.
If Redfin and Realtor had matched the Zillow estimate, TMP total equity would be $149,681. So VTSAX would still be in First Place. Maybe next month. Roger gives his “Meow of Approval”: