CapEx Estimating & Condos

[Account Closed]

I have a condo that I am trying to rent out but my capex estimation is leading me to break even ($300+ per month).

$1289 mortgage

$1600-$1700 income

The appliances are in great shape and some are new but there's a heat pump that is likely 15 years old and an air handling unit that is from 1983.

What keeps me in the game is that the condo is in NJ near NYC and these condos are in demand.

Really close to just selling but am really trying to get in the game without doing a multi-family (can't afford, don't want to do "creative financing").

Does anyone have any thoughts on this? Please and thanks!