That will do. I have the same one and it come set up at 5volts output. I hooked it up to the castlelink and set it at 6.7volts(to get the most from the radio and servos and thats what a 5 cell reciever pack puts out) The castle link would be a good investment too since you could use it on the mm and the ubec
Dont forget the motor clamp/heatsink IT IS A MUST!!!!!!!!!!!!!!!!!!!!!!!