Need advice for buying first hardware

Im interested in starting to self host and ive seen that people use old computers, but Im wondering if these specs are overkill:

Intel Core i7 2600K Processor 24GB RAM 800GB SSD NVIDIA GeForce GTX 1060 Graphics Card

Its a used computer, and I was going to offer 150-170? They are asking 250. Things I want to try are:

-cloud storage -immich for photo backup -jellyfin -game servers like enshrouded, vrising, palworld, etc

Thanks in advance for any advice.

Update: Thanks everyone. I will search for something more power/cost efficient. I thought that a graphics cards was more necessary for jellyfin and game servers, but clearly not at the cost of cpu power/efficiency.