Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — Q1 2021 Earnings Presentation
13 slides from Nexpoint Residential Trust's earnings presentation, Apr 27, 2021
Slide 1: NexPoint Residential Trust, Inc. Table of Contents
NEXPOINT RESIDENTIAL TRUST, INC. 2515 MCKINNEY AVE SUITE 1100 DALLAS, TX 75201 PHONE: 833-463-6697 INVESTOR RELATIONS: JACKIE GRAHAM NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] TABLE OF CONTENTS Earnings Release Cautionary Statement Regarding Forward-Looking Statements Overview Hi
Slide 2: Leasing Office: Construction Commencing Q2 2021
LEASING OFFICE: CONSTRUCTION COMMENCING Q2 2021
Slide 3: Updated Exterior Community Amenities
UPDATED EXTERIOR COMMUNITY AMENITIES
Slide 4: Open and Ready for High Season
OPEN AND READY FOR HIGH SEASON NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]
Slide 5: Revenue & Average Rent Per Unit; Stock Price Performance
Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)
Slide 6: Revenue ($000s) and Average Rent/Unit
mw Revenue ($000s) @ Avg. Rent/Unit $55,000 + $1,150 $50,000 — oopeces $45,000 - @e@ a $40,000 + oor? $1,000 : ee $35,000 > e@ $850 5 @ 30,000 — (Tr) $25,000 + $20,000 $700 $15,000 $10,000 $550 $5,000 | t t { t t i i | i | | | i | i | | | i | $0 eet teteteteteetetetetetetetete tate $400 4Q14 4Q15 4Q
Slide 7: Highlights of Recent Activity: Sunbelt Rent Growth Outperforms Coasts
nxrt.nexpoint.com NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Recent Activity SUNBELT RENT GROWTH OUTPERFORMS COASTS
Slide 8: NXRT Q1 2021 New Leases & Renewals
NXRT Q1 2021 NEW LEASES & RENEWALS Market New Leases % Increase Rent Increase Renewals % Increase Rent Increase DFW 3.1% $30.85 2.8% $26.22 HOU -0.2% ($2.51) 0.5% $5.86 CHA 4.5% $46.51 3.0% $30.42 NASH 1.3% $13.89 1.7% $17.83 ATL 6.8% $77.26 3.7% $40.88 ORL -1.5% ($16.80) 0.6% $7.65 TPA 7.8% $78.64
Slide 9: Rent Growth on Leased Rehabs
$160.00 $120.00 $80.00 $40.00 $- 2015 2016 2020 2021 mg S$ Rent Growth ——=——_% Rent Growth 20.0% 15.0% 10.0% 5.0% 0.0%
Slide 10: Financial Summary
(1) This table only includes the 35 properties in our Q1 Same Store pool. (1) This table only includes the 35 properties in our Q1 Same Store pool. NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Financial Summary Q1 2021 Q1 2020 FY 2020 FY 2019 (in thousands, except for per share and unit data) Compan
Slide 11: 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 12: Hedged Debt Composition
Hedged Debt Composition (1) mHedged/Fixed Rate Debt @Unhedged Floating Rate Debt
Slide 13: Historical Acquisition Details
(1) As of March 31, 2021, we had total indebtedness of $1.4 billion at an adjusted weighted average interest rate of 3.07%, of which $1.3 billion was debt with a floating interest rate. As of March 31, 2021, interest rate swap agreements effectively covered 100% of our $1.1 billion of floating rate
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