I don't currently have access to the upgraded model sadly I purchased a Pi2 as they released Pi3. Otherwise I would have given it a shot.
I didn't want to just buy a Pi3 for this and then find that it doesn't perform very well as I wouldn't have much use for it aside from using it for this purpose, I was reading a few things that other users have said when trying to get it running and nothing good was said, that's why I'd like to get a general idea of a minimal home server type setup and the costs involved.
If it comes down to it and all other options are a little too pricey then I'll buy a Pi3 and see what happens. (then report back)