That is a very old, very slow, 2 core CPU.  Passmark score of 2879.  By comparison old 4 core i7 systems with CPUs such as the 4710HQ, 4800MQ, 4810MQ are at about 6000 on the Passmark scale.
I have an HP ZBook laptop with a 4800MQ with vMix on it that is kind of a rental unit.  It can do two channels of 1080P using a Thunderbolt 2 capture device, stream and record.  But that's about the limit.
If you are thinking of buying that i5-4210M laptop for vMix, don't.  If you're on a tight budget maybe you can find an older unit, such as a Dell G7 or an ASUS with a i7-8750H CPU.  Also look for a laptop with NVIDIA graphics.