Nexpoint Residential Trust, Inc. · NYSE:NXRT

Nexpoint Residential Trust — Q3 2023 Earnings Presentation

13 slides from Nexpoint Residential Trust's earnings presentation, Oct 31, 2023

  1. Slide 1: Fairways at San Marcos: Chandler, AZ

    FAIRWAYS AT SAN MARCOS: CHANDLER, AZ

  2. Slide 2: Fully Upgraded Kitchen

    FULLY UPGRADED KITCHEN

  3. Slide 3: Updated Exterior Pool Amenity Area

    UPDATED EXTERIOR POOL AMENITY AREA NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]

  4. Slide 4: Revenue & Average Rent Per Unit

    Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)

  5. Slide 5: Revenue and Average Rent per Unit

    mReverwe(S000s) © Aug. Rent Unit $70,000 $1500 $60,000 $0,000 $1,000 40,000 $30,000 20,000 $500 300 sg),:si—ias QM (QB

  6. Slide 6: Highlights of Recent Activity

    NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Recent Activity DISPOSITION Property Name Location Date of Sale Sales Price IRR Multiple on Invested Capital Net Cash Proceeds Silverbrook Grand Prairie, Texas September 22, 2023 $ 70,000 34.0% 6.14x $ 69,431 DIVIDEND GROWT

  7. Slide 7: Dividend Growth

    0.46242 saree +10.1% $0.450 124.5% growth ° since inception $0.400 90.350 413.6% s0.3412s $0,300 $0.250 $0,200 gris Qt16 «6 Qs17,—s HIS. QHI9. #20 #22 Q423

  8. Slide 8: Forecasted Submarket Deliveries

    No. of Units (September 30, 2023) (2) 14,485 - Rate cap cash inflow is not included in CFFO calculations. The change in the Rate Caps mark-to-market is captured in interest expense for financial purposes. - Forecasted 2024 interest rate assumes all maturing debt is refinanced at the same nominal amo

  9. Slide 9: Slide 9

  10. Slide 10: Slide 10

  11. 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

  12. Slide 12: Q3 Debt Allocation

    Q3 Debt Allocation y |

  13. Slide 13: Historical Acquisition Details

    (2) As of September 30, 2023, we had total indebtedness of $1.6 billion at an adjusted weighted average interest rate of 3.74% of which $1.6 billion was debt with a floating interest rate. As of September 30, 2023, interest rate swap agreements effectively covered 76% of our $1.5 billion of floating

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