Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — Q1 2020 Earnings Presentation
10 slides from Nexpoint Residential Trust's earnings presentation, May 7, 2020
Slide 1: Avant at Pembroke Pines: New Exterior Paint
AVANT AT PEMBROKE PINES: NEW EXTERIOR PAINT
Slide 2: Leasing Office: Upon Takeover
LEASING OFFICE: UPON TAKEOVER
Slide 3: Leasing Office Rendering: Planned 2020 Completion
LEASING OFFICE RENDERING: PLANNED 2020 COMPLETION
Slide 4: Revenue & Average Rent Per Unit
Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)
Slide 5: Revenue and Average Rent per Unit
mReveme($000) © Avg RentUnit '4Q14 3915 2016 1017 4Q17 3018 2019 190.
Slide 6: Highlights of Recent Activity
www.NexPointLiving.com Highlights of Recent Activity COVID-19 Update NXRT April 2020 Collections As of April 26, 2019, NXRT collected 93.9% of April rental payments which is 240 bps better than National Multifamily Housing Council’s (NMHC) average. As of April 30, 2020, NXRT collected 95.3% of April
Slide 7: April Collections
April Collections NMHC (1) NORT (1)
Slide 8: Dispositions and Financial Summary
(1) This table only includes the 25 properties in our Q1 Same Store pool. (1) As of May 5, 2020 and 2019 www.NexPointLiving.com DISPOSITIONS Property Name Location Date of Sale Sales Price Net Cash Proceeds (1) Gain on Sale of Real Estate Southpoint Reserve at Stoney Creek Fredericksburg, Virginia M
Slide 9: Value-Add Program Details
www.NexPointLiving.com Value-Add Program Details 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 Progress Arbors of Brentwood 1,109 1,159 4.5 % 74.0 % Arbors on Forest
Slide 10: Total indebtedness and Historical Acquisition Details
(1) As of March 31, 2020, we had total indebtedness of $1.4 billion at an adjusted weighted average interest rate of 3.05%, of which $1.3 billion was debt with a floating interest rate. As of March 31, 2020, interest rate swap agreements effectively covered 100% of our $1.1 billion of floating rate
NexPoint Residential Trust — Q1 2020 Earnings Presentation on 6ix