Found a straight 96 with a blown motor for $1000. Worth it to throw a 5.0 in it?

I found a 96 V-6 with a blown motor. It has the following.

1995 cobra r wheels in decent condition
1996 cobra hood in great condition
1998 cobra front bumper brand new (aftermarket urethane)
1998 cobra rear bumper in decent condition

Body is mostly straight but multi colored. Interior is poor, and air bags are deployed. Does come with a replacement driver airbag.

My question- Could I put a v-8 in hear for a reasonable amount?

If not, could I get $1000+ if i parted it out?

Let me know your thoughts.

Gary