Is the BRRR right for my situation

[Brock Hall]

I would first like to say that I am totally a noobie to real estate investing but I have came across BP and am amazed by the wealth of knowledge and people helping each other out...I have a question about the BRRR strategy and would like any input you guys have to offer...first of all I am looking to purchase

my first rental property but don't have a lotta cash. There's a property for sale that is a triplex which is already fully occupied and the total rental income is 1075 monthly...the seller wants 50k for it but I would like to purchase it cash, if I were somehow able to buy it for 30k cash, would this be a good property to use the BRRR model on to get my cash back and get onto the next property...the value of the house is around 55k...any thoughts and input is more than welcomed