Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — Q1 2025 Earnings Presentation
15 slides from Nexpoint Residential Trust's earnings presentation, Apr 29, 2025
Slide 1: Table of Contents
Cautionary Statement Regarding Forward-Looking Statements 2 Highlights of Recent Activity 4 2025 Full Year Guidance 7 Consolidated Balance Sheets 9 NOI and Same Store NOI 11 Q1 Same Store Properties Operating Metrics 14 FFO, Core FFO and AFFO 16 Value-Add Program Details 18 Debt Maturity Schedule 24
Slide 2: Residences at Glenview Reserve: Nashville, TN
Residences at Glenview Reserve: Nashville, TN
Slide 3: Living Area - Upon Takeover
Living Area - Upon Takeover
Slide 4: Living Area - Post Renovation
Living Area - Post Renovation NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]
Slide 5: First Quarter 2025 Results Highlights
(share counts in thousands) Exchange/Ticker NYSE:NXRT Insider Ownership (2) 15.68% Dividend Yield (1) 5.57% Shares outstanding - diluted (3) 25,448 Market % of Units South Florida 15.1 % Atlanta 13.0 % Orlando 9.0 % Raleigh 4.8 % Charlotte 3.9 % FOR IMMEDIATE RELEASE Contact: Investor Relations Kris
Slide 6: Revenue & Average Rent Per Unit
Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)
Slide 7: Revenue and Average Rent Per Unit Chart
$70,000 $60,000 $50,000 $40,000 $30,000 n T 1Q20 1Q21 @ Revenue ($000s) 1Q22 e Avg. Rent/Unit © © F © «© ef 31,500 + $1,250 t $1,000 + $750 1Q23 1Q24 1Q25
Slide 8: NXRT Exposure to Top-Absorbing Markets
NXRT Exposure to Top-Absorbing Markets Rank Market Q1'25 Absorption (1) NXRT Properties NXRT Units NXRT % 1 Atlanta-Sandy Springs-Roswell, GA 7,612 3 1,692 13.0% 2 Phoenix-Mesa-Scottsdale, AZ 7,461 7 2,009 15.5% 3 Dallas-Plano-Irving, TX 7,387 4 1,206 9.3% 6 Charlotte-Concord-Gastonia, NC-SC 4,903 2
Slide 9: Total Unit Absorption: Top Markets vs NXRT Markets
Total Unit Absorption: Top 50 Markets vs NXRT Markets ~ rk eS Top 50 Markets —=NXRT Markets
Slide 10: Submarket Supply Deliveries by Property
Market Submarket (RealPage) Property NXRT Unit Exposure 2025 Q1 Inventory 2024 Deliveries 2025 Deliveries 2026 Deliveries 2027 Deliveries 3-year Deliveries 3-year % Growth ATL Southeast Marietta Rockledge 708 14,105 - - - - - ATL Southeast Marietta The Preserve at Terrell Mill 752 14,105 - - - - - A
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Slide 13: Value-Add Program Details by Property
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) Arbors of Brentwood 346 170 $ 1,231 $ 1,445 $ 10,127 17.4 % 25.4 % Atera Apartments 380 234 1,206 1,355 3,419 12.4 % 52.5 % Bella Solara 320
Slide 14: Hedged Debt Composition
Hedged Debt Composition (1) @ Hedged/Fixed Rate Debt BUnhedged Floating Rate Debt
Slide 15: Historical Acquisition Details
(in thousands, except for unit and per unit amounts) Property Name (1) Location Units Transaction Date Purchase Price Rehab Budget (2) Total Investment Per Unit Cutter's Point Richardson, TX 196 1/31/2014 15,845 1,379 17,224 87,878 Courtney Cove Tampa, FL 324 8/20/2014 18,950 1,635 20,585 63,534 Cor
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