Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — FY2020 Earnings Presentation
18 slides from Nexpoint Residential Trust's earnings presentation, Feb 16, 2021
Slide 1: NexPoint Residential Trust, Inc. Table of Contents
NEXPOINT RESIDENTIAL TRUST, INC. 300 CRESCENT COURT, SUITE 700 DALLAS, TX 75201 PHONE: 972-628-4100 INVESTOR RELATIONS: JACKIE GRAHAM - 972-419-6213 NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] TABLE OF CONTENTS Earnings Release Cautionary Statement Regarding Forward-Looking Statem
Slide 2: Fairways at San Marcos
FAIRWAYS AT SAN MARCOS
Slide 3: Standard Interior Unit
STANDARD INTERIOR UNIT
Slide 4: Upgraded Interior Unit
UPGRADED INTERIOR UNIT NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]
Slide 5: NexPoint Residential Trust Reports Fourth Quarter and Full Year 2020 Results
FOR IMMEDIATE RELEASE Contact: Investor Relations Jackie Graham JGraham@nexpoint.com 972-419-6213 Media inquiries: JGraham@nexpoint.com NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2020 RESULTS NXRT Recaps Acquisition/Disposition Activity, Value-Add Results and Issues 2021 F
Slide 6: Revenue & Average Rent Per Unit; Stock Price Performance
Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)
Slide 7: $240,000 $210,000 $180,000 $150,000 $120,000 $90,000 $60,000 $30,000 $0 @ Revenue ($000s) ~ $1,200
$240,000 $210,000 $180,000 $150,000 $120,000 $90,000 $60,000 $30,000 $0 @ Revenue ($000s) ~ $1,200 ~ $1,050 ~ $900 ~ $750 ~ $600 ~ $450 9015 2016 2017 2018 32019 2020 $300
Slide 8: Highlights of Fourth Quarter and Full Year 2020 Activity
nxrt.nexpoint.com NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Fourth Quarter and Full Year 2020 Activity DISPOSITIONS Property Name Location Date of Sale Sales Price Multiple on Invested Capital Net Cash Proceeds (1) Gain on Sale of Real Estate Southpoint Reserve at Stoney Creek Frede
Slide 9: Rent Growth
GRAAF 5 5% 06 GAN ANA 0 0 DD AD AD NN? NP NESS SSS SP NEN ST SP SD POAC AC AC APC AE ME § Rent Growth —— % Rent Growth 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0%
Slide 10: 0.340 0.320 0.300 0.280 0.260 0.240 0.220 0.200 0.180 0.160 (aul ll +66% 2015
0.340 0.320 0.300 0.280 0.260 0.240 0.220 0.200 0.180 0.160 (aul ll +66% 2015 2016 2017 2018 2019 2020
Slide 11: 2.00 .80 .60 AQ +62% 2015 2016 2017 2018 2019 2020
2.00 .80 .60 AQ 20 00 +62% 2015 2016 2017 2018 2019 2020
Slide 12: Financial Summary
(1) This table only includes the 24 properties in our 2019-2020 Same Store pool. (1) This table only includes the 32 properties in our Q4 Same Store pool. (1) Represents additional cleaning, disinfecting, PPE and other costs incurred at the properties related to COVID-19 that are not reflective of t
Slide 13: Slide 13
Slide 14: Parc500 Standard and Updated Kitchen
Parc500 - Standard Kitchen: Parc500 - Updated Kitchen:
Slide 15: (| /
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Slide 16: 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 P
Slide 17: Hedged Debt Composition
Hedged Debt Composition (1) mHedged/Fixed Rate Debt mUnhedged Floating Rate Debt
Slide 18: Historical Acquisition Details
(1) As of December 31, 2020, we had total indebtedness of $1.4 billion at an adjusted weighted average interest rate of 1.94%, of which $1.3 billion was debt with a floating interest rate. The interest rate swap agreements we have entered into effectively fix the interest rate on $1.2 billion, or 10
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