i am new real estate business

i am trying to purchase this property and I live right next to this town.

http://www.coldwellbankermoves.com/property/detail...

Price: $229,900
Maint. Fee: $316 = $ 3792 a year
Tax Amount: $3,110  + $3792

with $45,980 down (which is 20%) and i just add maint fee to tax amount to calculate
30years mortage calculator 4.5% interest mortgage rates gave me approximalty $1507 per month.

i can probably rent this unit for around $1500 and $1600 at most. 

is this unit worth to invest?