Honestly, is this a good investment?

[Mayer M.]

Hey, Is this a good investment? Buying a 25 year old condo in a B neighborhood and including rehab costs $63k (arv is $80k+), condo fees are $2280 annually ($190.00 per month), taxes are $2k, CCMUA is $1200 per year ($100 per month), insurance is $500 per year. Gross rent is $15600 per year ($1300 per month). Property is professionally and well managed. What are your thoughts on the overall investment as well as with cash vs. mortgage? Thanks