I always love reading blogs about other investors’ investment income. Watching other people’s investment income rise is my second favorite thing (the only thing better is watching MY investment income rise!)
Here is our investment income for April, 2022. This report includes income from dividends, interest, mutual funds, and rental properties.
Overview
Without further ado, here’s what our investment income looked like for the month:
Dividend & Interest Income
Total dividend income for the month was $4,408.34. This is up 49% from last April and was driven by primarily by our new investment in Paramount.
Rental income
This category includes net income from the 6 rental properties that my wife and I own, plus 50% of the income from 4 rental properties that we own with my mom. This number does not include appreciation of the properties or the decrease in the mortgage balance (those numbers show up in the net worth report).
However, this income is net of all mortgage, tax, and insurance payments. That is, this is a true cash flow report for our rental properties.
Total rental income was $381.91 for the month. This was down 70% from last April. We had a fairly major repair issue on one of the properties and we turned over another one. And, as usual, when the old tenant left there were repairs to make and a few improvements to make to ensure we can rent the house quickly and for top dollar.
Total investment income this month
Dividend + rental income = $4,790.25
Our total monthly passive income was up 13% over last April. We’ve had 2 months of poor cash flow (although last month was due to making a very large payment towards the principle).
Our dividend income year-to-date is up 23% from where it was at the end of April last year. And despite the challenges with our rental income it’s still up 4% over this point last year. And in total our passive income is up 20% over this point last year.
Changes
No changes this month. I’m still waiting for my large commission check to arrive (it should be in by June 15) and I plan to deploy virtually all of it into the market. I’m continuing to monitor the market and keep a short list of stocks that I’m interested in buying once we have the cash available.
Recap
This was a solid but unspectacular month. Dividend income was good, rental income was not. We’ve pulled in about $30k through the first 4 months, which would put us on track for about $90k for the year. However, I’m hoping we’ll end up closer to $120k. Hitting this number will require solid rental income the rest of the year.
How did everybody else do with their investment income this month?
Are there any investments out there trading at reasonable valuations that I should be looking at?