Nexpoint Residential Trust — Q3 2020 Earnings Presentation

8 slides from Nexpoint Residential Trust's earnings presentation, Oct 27, 2020

Slide 1: Torreyana Apartments: Las Vegas, NV
TORREYANA APARTMENTS: LAS VEGAS, NV
Slide 2: Clubhouse upon acquisition
CLUBHOUSE UPON ACQUISITION
Slide 3: Clubhouse post renovation – completed in 2020
CLUBHOUSE POST RENOVATION – COMPLETED IN 2020
Slide 4: Torreyana revenue and average rent per unit
mReverwe(S000) # Avg. RentUnit 4Q14 3015 2916 1017 4Q17 3018 2919 19020
Slide 5: ig GE la GL GAUL Ge GA le ae
° ig GE la GL GAUL Ge GA le ae
Slide 6: Highlights of Recent Activity
(1) This table only includes the 28 properties in our Q3 Same Store pool. (1) This table only includes the 28 properties in our Q3 Same Store pool. www.NexPointLiving.com Highlights of Recent Activity DISPOSITION Property Name Location Date of Sale Sales Price Multiple on Invested Capital Net Cash P
Slide 7: 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 1,143 1,208 1,986 5.6 % 38.8 % Arbors on
Slide 8: Historical Acquisition Details
(1) As of September 30, 2020, we had total indebtedness of $1.3 billion at an adjusted weighted average interest rate of 3.08%, of which $1.3 billion was debt with a floating interest rate. As of September 30, 2020, interest rate swap agreements effectively covered 100% of our $1.1 billion of floati