I'd say keep looking. Cheap FS bikes have poor suspension that adds more weight than it does add suspension. This has a simple single spring that doesn't have any damping I can see. This is also old so the geometry etc is dated. It will work, just not very well.
If you can look for something newer and probably front suspension only you will get far better value for money.
If you can look for something newer and probably front suspension only you will get far better value for money.