I'm pretty tolerant of a lot of things that I've found many others here don't care for. I don't mind flashbacks if they're not overdone (I mean, if they're happening every other page, then your character must have PTSD

), and if they're handled properly (not too overwrought if they're the dramatic type, for example), and if they really need to be there (I guess that's a judgement call), AND if it can easily be told from the writing that that's what they are, flashbacks. On TV, you can often tell you've entered a flashback when the filming format changes--it turns to B&W, or has a soft glow, or the colors are muted or enhanced, or some such. You can't really do that in writing, so you have to find another way to make it obvious.
Mine are often italicized, though I've learned that many people around here frown on that. Again, it seems to be a matter of opinion. Sometimes I'll just do "summarized flashbacks" which are less immediate (like the difference between a memory, something you're recalling in the past, and a true flashback, something you're reliving as if it's happening NOW) but perhaps easier on the eyes. *shrug*
You know, when I think about it further, I find it odd if there's only one flashback presented in a long work such as a novel. It's the sort of technique that you expect to see at least a few times, because it illustrates how a character remembers and reacts to things, and those are things that tend to recur. Just once would kind of stand out oddly, so if there's only ONE flashback I'd probably choose a different way to present it, maybe in summarized form like I mentioned. But that's probably just me, and it is your story.