Nexpoint Residential Trust, Inc. · NYSE:NXRT
Nexpoint Residential Trust — FY2019 Earnings Presentation
13 slides from Nexpoint Residential Trust's earnings presentation, Feb 18, 2020
Slide 1: Torreyana Apartments: Las Vegas, NV
TORREYANA APARTMENTS: LAS VEGAS, NV
Slide 2: The Model Unit Living Room
THE MODEL UNIT LIVING ROOM
Slide 3: An Opportunistic Acquisition in a New Market
AN OPPORTUNISTIC ACQUISITION IN A NEW MARKET 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: mReverme(S00G) © Ang. Rent Unit 40154016. 4Q17,sagigs.4Ql9.
mReverme(S00G) © Ang. Rent Unit 404 40154016. 4Q17,sagigs.4Ql9.
Slide 6: Highlights of Fourth Quarter and Full Year 2019 Activity
www.NexPointLiving.com NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Highlights of Fourth Quarter and Full Year 2019 Activity NEW ACQUISITION METRICS Torreyana Bloom Bella Solara Total/ Average New Unit Interior Upgrade Inventory Average Interior Upgrade Cost $ 12,466 $ 12,092 $ 8,162 $ 9,961 Underwr
Slide 7: 16.0% 140% 120% 10.0% 8.0% 6.0% 40% 20% 0.0%
16.0% 140% 120% 10.0% 8.0% 6.0% 40% 20% 0.0%
Slide 8: 30.320 30.300 30.280 30.260 30.240 $0220 30.200 0.180 30.160 2015 2016 2017 +52% 2018
30.320 30.300 30.280 30.260 30.240 $0220 30.200 0.180 30.160 2015 2016 2017 +52% 2018 2019
Slide 9: $2.00 $1.90 $1.90 $1.70 $1.60 $1.50 S140 $1.30 $1.20 S110 $1.00 2015 2016 2017
$2.00 $1.90 $1.90 $1.70 $1.60 $1.50 S140 $1.30 $1.20 S110 $1.00 2015 2016 2017 +42% 2018 2019
Slide 10: Financial Summary
(1) This table only includes the 25 properties in our 2018-2019 Same Store pool. (1) Indicates coverage ratio of FFO/Core FFO/AFFO per common share (diluted) over dividends declared per common share during the period. www.NexPointLiving.com NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] Financial Sum
Slide 11: Value-Add Program Details
www.NexPointLiving.com NEXPOINT RESIDENTIAL TRUST, INC. [NYSE:NXRT] 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) Completed Value-Add Programs Southpoint Reserve
Slide 12: Hedged Debt Composition
Hedged Debt Composition () mHedped Fixed Rate Debt [DUnhedged Floating Rate Debt
Slide 13: Historical Acquisition Details
(1) As of December 31, 2019, we had total indebtedness of $1.4 billion at an adjusted weighted average interest rate of 3.45%, 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 $975.0 million, or
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