Seems ok
Not exactly something great sounding though to me. I think what it is really lacking is a drum kick and bass line to back up the guitar play here. It kind of sounds like a little jam session or something I could easily do on guitar as well actually. It still sounds ok though, could use some more sound though and be a bit longer.
The guitar does not sound too bad but I think you could have two of them. Once to do lead higher/solo notes while the other does rhythm and plays chords for a majority of the piece.
The drum sounds alright anyways. Kind of lacking in drum kicks though.
Overall, lacking a bass line and drum kicks, just try to make it a bit longer too. Not bad for a try anyways.