40k cash for a 1br1ba 680ft condo

[Amy Nguyen]

Hello,

Can you all give me some advice if this is worth it? The condo is on the 1st floor and is tiled, includes fridge, washer, and dryer. 

Yearly:

Purchase cash: 40,000 (basically my whole savings)

HOA: 2700 (includes Comcast cable)

tax: 720

rent: -9600

profit: 6180

Thank you for your inputs!