I have what looks to the the same lathe or close to it. this is the one I have. 7" x 12" Mini Metal Lathe
We bought the lathe and them me and my dad took a Night class on how to use a metal lathe xD.
For its size its well worth it. I have made little parts for some of my lasers on it.
However if its like mine a few things to note.
1 It has plastic gears behind the chuck controlling the speed. so make sure to keep turnings away. I shredded a gear with a turning that got into it.
and 2nd the tail stock assemble flexes when extended so do multiple passes or it may come out squirrely. xD