Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — FY2023 Earnings Presentation
13 slides from Nexpoint Residential Trust's earnings presentation, Feb 20, 2024
Slide 1: The Adair Apartment Homes: Sandy Springs, GA
THE ADAIR APARTMENT HOMES: SANDY SPRINGS, GA
Slide 2: Revamped Fitness Center
REVAMPED FITNESS CENTER
Slide 3: Community Garden Amenity Area
COMMUNITY GARDEN AMENITY AREA NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT]
Slide 4: Revenue & Average Rent Per Unit
Revenue & Average Rent Per Unit Stock Price Performance (Since Inception; 4/1/2015)
Slide 5: Revenue ($000s) & Avg. Rent/Unit
‘Revenue ($000s) @ Avg. Ren/Unit iil Br? -O1® QorT_ oF .Or? 929.02) yor? 42>
Slide 6: Highlights of Fourth Quarter and Full Year 2023 Activity
NXRT.NEXPOINT.COM NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Fourth Quarter and Full Year 2023 Activity COMPLETED DISPOSITIONS Property Name Location Date of Sale Sales Price IRR Multiple on Invested Capital Net Cash Proceeds (1) Silverbrook Grand Prairie, TX September 22, 2023 $ 70,
Slide 7: NOI Growth +177% 2015-2023
+177% 2015 2016 2017 2018 2019 2020 2021 2022 2023
Slide 8: Same Store Growth
SAME STORE GROWTH 2021 to 2023 2023 vs 2021 2023 vs 2021 FY 2023 FY 2022 FY 2021 $ Change % Change Same Store Ending Occupancy 94.7 % 94.1 % 94.3 % 0.4 % Same Store Average Rent per Unit $ 1,520 $ 1,520 $ 1,288 $ 18.0 % Same Store Revenues Same Store Rental Income $ 207,034 $ 193,060 $ 167,971 $ 39,
Slide 9: Slide 9
Slide 10: Slide 10
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 Pr
Slide 12: Hedged Debt Composition
Hedged Debt Composition (1) mHedgedFixed Rate Debt Unhedged Floating Rate Debt
Slide 13: Historical Acquisition Details
(1) As of December 31, 2023, we had total indebtedness of $1.6 billion at an adjusted weighted average interest rate of 6.91%, of which $1.5 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 77
NexPoint Residential Trust — FY2023 Earnings Presentation on 6ix