Your AUW will be closer to 24+ OZ.

That motor will be very anemic.

You will be better off with something like this

http://www.nitroplanes.com/a2oubrmow924.html

And a 3C LiPo pack of say 1600 or 1800mAh.

I'd at least go with the 9g or 10g servos

http://www.nitroplanes.com/8mircse.html

That is NOT a "3D" airplane. It's a slow "floater" style plane.

Remember that you'll also need an RX, Crystal, Connectors, mount, extension cables, maybe a switch, some hardware, etc.