As the lease is active I would get a small payment each day. On the second day I fill a lease request I am already getting a small payment from the first day. On the third day when I fill a lease request I would get two small payments for the loans already active. So on and so forth. Eventually those small payments add up so I have even more STEEM that can be powered up and leased.
After about two or three years of filling lease requests and reinvesting payments into more SP I should have at least one lease expiring every other day just as I am filling a new lease request which means I can make larger SP lease requests which generally get repaid faster. The faster the lease gets repaid the sooner I can reinvest. Over time the passive income average would get larger and larger.