Suppose an investor purchases $100$ acres of farmland for $$10,000$ per acre. The investor uses obtained a loan for $$600,000$ at $7\%$ and the remainder is equity. The investor leases the land for $$200$ per acre. Property taxes are $$6,500$ and insurance is $$800$ annually. What is the return on assets $($ROA$)$ for this property?

Your answer must include four digits AFTER the decimal.