Property Tax changes

[Jordan B.]

Hello All,

When analyzing a rental property, I often find myself playing around with the purchase price to see what price the house will produce a decent cash flow.  If I manipulate the purchase price do I also have to manipulate the price of the property taxes and  homeowners insurance? Do these variables depend solely on the purchase price or are they a fixed cost that fluctuate independently of purchase price?

Thank you,

Jordan