By the time it gets rigged out & in, disassembled, cleaned, repaired, parts located & purchased, motor replaced and fitted out with tooling you’ll have a not cheap, big 12x20 (and there are lots of folks saying that you should by a PM 1030 instead of the PM 1022 because 22 is too short - chucks for a 12EE are going to take up a lot of that 20”).