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 March, 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 $15,136.28. This is up 9.6% from last March and was driven by across the board dividend increases from our various investments.
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 -$3,161.52 for the month. This isn’t really an accurate number, as we paid $9,500 extra towards the mortgage on one of our properties, so we didn’t really have a true loss. However, I track cash flow, and that money DID leave our account, so I’m listing it as a negative for the month.
Without that extra payment we would have actually had positive cash flow from our rentals of over $6,000 for the month.
Total investment income this month
Dividend + rental income = $11,974.77
Our total monthly passive income was down 17% over last March. Our poor rental cash flow took a little bit of the wind out of our sails, but we are still ahead of where we were at the end of Q1 last year and almost where we were at the end of Q1 in 2020.
Our dividend income is looking really good and is ahead of any previous year.
Changes
No changes this month. Netflix dropped roughly 35% yesterday and took down Paramount and Disney, and all of them look attractive right now. When my large commission check arrives in a few months I’m hoping prices are still low so I can capitalize.
Recap
This was a solid month. Pulling in $15k in dividend income for doing absolutely nothing is just fantastic and we are on track to pull in over $100k in dividends this 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?