Thursday, July 7, 2016

Passive Income Report: APR 2016

It is time again for my Monthly Progress Review.

In each progress review I will list a  summary of all dividends I received, the rental income I received, the online income I received, and any purchases I made from that particular month.

This monthly report covers April 2016.  

I hope you enjoy these posts and that we can learn how to grow our passive income streams and build real long-term wealth together! 

Read More to see how I earned $653.63 this month in passive income,

Dividends Received
I received dividends from two companies this month:

Annaly Capital Management and Prospect Capital.  Listed below are the details for each:

*Annaly Capital Management (NLY): $26.31
*Prospect Capital (PSEC): $33.32

Total Dividend Income Received: $59.63

Rental Income Received

I currently have two rental properties, my Missouri Rental and my Colorado Rental.  Listed below is the cash flow they provided this month:

Missouri Rental: $320
Colorado Rental: $274

Total Rental Income Received: $594

*This was an extremely quiet month for dividend payments.  Just two of my smaller holdings, but it was still $59 that I did not have to work for at all!  My rental properties had some interesting events.  Both properties had small expenses (screen door rollers and a dead bolt fix), but my Missouri property had an escrow overage so I received a check for $372.90.  What a cool surprise that was!

**From the two above rentals, I also experienced an 'equity paydown' total of $923 which is not accounted for in the above cash flow numbers.  This is another reason why rental properties are incredible investments!  This amount is $3 larger than March's report.

***I did not receive any online income from the month.  This most likely won't change until the middle of the year.

Therefore, for the month of April, Total Passive Income Received: $653.63

I made another purchase to my Roth IRA since I have not reached its limit yet:

My Roth IRA:
Vanguard 500 Index (VFIAX): $100
Vanguard Star (VGSTX): $45
Vanguard Wellington (VWELX): $130.33
Vanguard Target Retirement 2045 (VTIVX): $143.00
Vanguard Emerging Markets (VEIEX): $40

This was still a great month for my passive income portfolio.  With the addition of April's income to my Progress Tab I now have earned $2445.54 this year in passive income.  So excited!   

As always, I appreciate your thoughts and insight.  Please comment below.

Thanks for reading,

Passive Income Dude 

No comments:

Post a Comment