Possible condo purchase

[Aaron Moore]

Condo just came on the market and is being sold as is for $13,900. Needs a little TLC based on photos. Most units in the complex rent for $700. HOA fee is $125 a month but I'd pay cash for it so a mortgage payment wouldn't be an issue. Ran the numbers through the BP rental calculator and my worst case scenario cash flow is around $230 a month.

Would love to receive feedback on if it's worth investing in a condo if you own it with no mortgage.