Rookie needs help analyzing a deal

[David Johansson]

This is a 1 bed/ 1 bath condo in Riverside, CA close to many shopping centres and a big hospital. I'm currently living in it and the owner is looking to sell.

Property Value - $168K (roughly)
Downpayment - $32k (20%)
Closing Costs - $4k

Rent - $1350-$1450 per month (that's what other similar condos in the complex rent for)

HOA - $268 per month
Property Taxes - $170 per month
Home owner insurance - $50 per month
Repairs/maintenance - $70 per month
Property Management - $120 per month (roughly) 

Principal and interest - $550 per month (roughly)

Is this a deal? I always feel like I'm missing something.