Nexpoint Residential Trust, Inc. · NYSE:NXRT

Nexpoint Residential Trust — Q2 2024 Earnings Presentation

11 slides from Nexpoint Residential Trust's earnings presentation, Jul 30, 2024

  1. Slide 1: Bella Vista Apartments: Phoenix, AZ

    BELLA VISTA APARTMENTS: PHOENIX, AZ

  2. Slide 2: Exterior Paint Refreshed

    EXTERIOR PAINT REFRESHED

  3. Slide 3: Fully Upgraded Kitchen

    FULLY UPGRADED KITCHEN NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]

  4. Slide 4: Revenue & Average Rent Per Unit

    Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)

  5. Slide 5: a a ee

    4 a a ee & PI : & 8 Py 8 4 > | 8 . é .

  6. Slide 6: Highlights of Recent Activity

    NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Recent Activity COMPLETED DISPOSITION Property Name Location Date of Sale Sales Price IRR Multiple on Invested Capital Net Cash Proceeds (1) Radbourne Lake Charlotte, NC April 30, 2024 $ 39,250 19.2% 3.64x $ 18,704 (1) Net

  7. Slide 7: Forecasted Submarket Deliveries

    NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] FORECASTED SUBMARKET DELIVERIES (1) Market Submarket Property NXRT Unit Exposure 2024 Q1 Inventory 2023 Deliveries 2024 Deliveries 2025 Deliveries 2026 Deliveries 3-year Deliveries 3-year % Growth ATL Southeast Marietta Rockledge 14,105

  8. Slide 8: Slide 8

  9. Slide 9: Slide 9

  10. Slide 10: Value-Add Program Details: Interiors (Full & Partials)

    NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Value-Add Program Details: Interiors (Full & Partials) Property Name (1) Units Rehab Units Completed (2) Average Rent Pre-Rehab Average Rent Post-Rehab Avg. Rehab Cost Per Unit (3) Post-Rehab Rent Change% ROI (3) Value-Add Programs In Pr

  11. Slide 11: Historical Acquisition Details

    (1) As of June 30, 2024, we had total indebtedness of $1.5 billion at an adjusted weighted average interest rate of 3.55% of which $1.4 billion was debt with a floating interest rate. As of June 30, 2024, interest rate swap agreements effectively covered 75% of our $1.4 billion of floating rate mort

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