Easily. The 8th gen CPUs are a nice sweet spot. Powerful enough graphics and cpu, energy efficient enough, 4 cores, while not new enough to be expensive.
Excellent, because while using Raspberry Pi is really cool just because his small it is. It very easily crashes especially if you're too fast. And because I've got an older model I had to restrict the resolution to 720p.
For those wondering why run Kodi on a TV. Simple the TV is to old to be in any way smart, but still works perfectly, so there no reason to replace it. Also it feels really good bragging to my brother what I can do in my dumb TV, that not even he can do on his smart TV. :P