I bought a 1-bedroom condo for $500k in downtown SF and put 20% down payment. The monthly mortgage+HOA+tax is around $2500 and I am renting the place out for $2

I bought a 1-bedroom condo for $500k in downtown SF and put 20% down payment. The monthly mortgage+HOA+tax is around $2500 and I am renting the place out for $2650. So you can say it is paying for itself and 15-years later I will own the place without paying anything but the down payment. Not bad?