This isn't a bad cover, but I would invest in some much better equipment. The vocals sound terrible on account of whatever you're using to record them, but it doesn't seem like you would be a terrible singer. (However, your voice might be better suited for other artists; you sound like you're in the lower range.) Also, it sounds like you're 12-string is a little out of tune. It could just be me though.
But no worries, I'm sure if you just recorded it on better equipment it would sound a lot better.