It is the total value that you have.
After three rounds, your net worth should be around $2100. At this point, pay the $200 and forget about until you start selling or mortgaging property.
Depending on how technical you want to get, you can count your net worth a variety of ways. Unless you are in a tournament, you can play it as you see fit.
You should go the the parker brothers web site to get the official ruling.
total, even propertyand houses/hotels, usually just easier to pay the $75.00
Total net worth. It's pretty easy to estimate quickly, and as another noted, a few trips around the board will bump you to the $200 threshold.
Cash in hand, to determine your total net worth would take too long and slow down game play.
EDIT: well that's how we play at home anyway.. some people are way too monopoly hardcore...
it's ALL your cash + property put together. A friend and myself, we just pay $75 unless we only have a few properties. On computer, of course u let the game decide for u since it calculates it for u.
you try and total up all your earnings * say 1,000 and then you put in 10% into the caclulator and then that is what you pay ..
or else just make up your own .. say put $100 dollars in the free car parking instead whenever someone lands on it. Just remember it's a game so it's meant to be fun. Personally I hate Monopoly because whenever my brother played it he became obsessed with it.
It is your TOTAL net worth. Cash on hand, face value of properties, cost of houses and hotels (5 houses). Interestingly, Darrow's boards simply said pay $300 and early Parker Brothers games said pay 10% or $300. This was qiuckly changed to the $200 we know now. the Parker games with 10% or $300 were only made for a few months in 1935 and are extemely valuable today.
Sorry for the history lesson, but hope this answers your question.
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