If the timing chain hasn't been adjusted it will make noise, there are no lifters just cam, rocker and valve. The rocker has a threaded adjuster under the threaded cap. I always assume a thousand $ for wheel and neck bearings, tires, tubes, mounting, battery, clean carbs, brake work and fork seals, That's doing a lot myself.
I'd be worried about the frame, neck or forks being bent and with a salvage title it won't sell as easy later. Sounds like a $300 to $500 parts bike to me.