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I would suggest considering a non-ratcheting style for model railroad use. Tapping into white metal requires frequent reversal to clear the chips so having to flip the ratchet switch constantly could be a pain.
Too large a tap handle makes it easy to snap a tap. Something you don’t want to do.
I have had the 2-56, 1-72, 0-80 and 00-90 for some years. Really needed with model train work.
To save time, one with the drill bit and one with the tap.
Most trains today come with Metric screws. Lose a screw, easy to do, and you have to tap with next larger SAE tap for SAE screw. Not aolways easy to find tiny Metric screws.
An alternative to the tool Micro Mark sells can be found at Harbor Freight Tools. They sell a 3-pack of tap wrenches that look similar to the one from MM. For $7 you get three sizes, the smaller one being the best for our trains. I have this set and the quality is fair but considering how infrequent I use it the tool will last me a long time.