HOA looks steep for that value of condo, but I’m sure you are correct.
Are you sure you can get a 5% loan as a non-owner occupier?
You sensibly plugged in $150/mo for maint, which also presumably includes vacancy allowance.
All in all, depends on your personal/tax situation, plus whether we are at a bottom in prices or not.
To paraphrase Mark Twain, commenting on investing in stocks:
“The way to make money is to buy when the price is low, wait for it to go up, then sell it.”
“If it doesn’t go up, don’t buy it.”
