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 June, 2021. 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 $15,521.28. This is essentially flat (-0.21%) from last June. Most of our dividend payments were up from last year, but BP was down by roughly half.
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.
All properties are rented and our cash flow was $1,187.91 for the month. We replaced some windows in one of the properties co-owned by my mom, and made repairs to a few of the other properties. Last June our rental income was -$946.39, so this was a big improvement.
Over the last few years our rental profits have been erratic. Pretty much every month there’s some “unexpected” surprise – a vacancy, a repair, etc. This is unsurprising, given the number of rentals we have. Overall, our rental income has been far less predictable than our dividend income.
Total investment income this month
Dividend + rental income = $16,709.91
Total monthly income was up 14.4% from last June, primarily due to the roughly $2,000 improvement in rental income from last June.
This quarter our dividend income was up 1% from Q2 2020, our rental income was up 58%, and our total income was up 6%.
Changes
No changed this month.
Recap
Looking at our cumulative dividend income you can see that things are definitely improving for the year.
We started the year in a big hole and we’ve been slowly climbing out of it. At this rate I hope to hit somewhere between $80,000 and $85,000 in dividends for the 2021.
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?