Way to expensive if you're going to just flip it. Remember it's going to cost $$ just to title it in your name. Here it costs $125. So now you're up to $3125 (unless you don't title it and simply flip it).
If you're gonna just flip it, no harm, but as other say, you probably won't make much money and will have invested a lot of time.
As Art mentioned, I'd also have a hard time parting with it after buying it.

Unfortunately, I now feel that low mileage bikes are a liability, and I'd pay *much* less for one. :-(
My recent experience is that August last year I bought my low mileage 96 1100 ACE (8k miles) for $2500. It has literally an extra $2500 worth of chrome and accessories (I added it up!), plus a custom one-off paint job. Zero damage, clean title. But because it had basically "sat" for 20 years, I've spent around $700 so far just to get it riding like a Honda. Title, tires/tubes (maybe not necessary but I couldn't live with 20 year old original tires), shocks, battery (I cooked it, but it was going bad anyway), battery tender (my choice), various accessories to make it "mine". Plus I have an extra corbin seat and an extra windshield. Now I feel I could probably list it for $3500. Not sure I'd get that much.
So, yeah...I wouldn't do it if it were me. :-/