86 4000sq possible purchase

[Rngmeister@aol.com]

Hey guys, 90cq and v8q owner here looking at an 86 4000sq here locally.
seller wants $400 bux....catch, car has problem with power brakes (ie none), 
needs exhaust....a valve cover gasket, leaks oil, minor switches, has three 
bullet holes in the body that arent rusted and are an easy fix, because the 
car needs paint anyway. 
sunroof is stuck....rotary dial for diff lock got the rear light to come on, 
but not the front.
My questions are 1) is the aforementioned enough to justify buying at such a 
price, or should i look more for a prime car that doesn't need as much?
interior is in above avg condition (grey velour), no cracks in dash.  (156k 
miles)

thanks
wylie bean 
Rngmeister@aol.com