1974 'Cuda Project Value?

You gave too much for a damaged car with no title. You need to get one if possible. I expect it won't be easy though as it has been resold a couple times illegally. I suggest calling the DMV for your state to see if securing a legal title is possible. A 1974 Barracuda with a 318 isn't the most desirable vehicle. If you can bail out without spending more on it, you should be able to recover what you have invested.