Old Huffy road bike style tune-up?

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frenchie

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I have an old 1980's Huffy road bike. Weighs alot for a road bike and has drop handlebars with "foamish" grips that look bad. Brakes need a tune-up and one of the tires is shot. What can I do to make it "cool" again? I got it for $20. I have a neighbor who can probably fix the brakes. How much would all of this cost? What should I do with the foam grip? Can I take it off and put in colored tape? I want it too look good on the road without spending more than $100. How much would a paint job be for this kind of bike? Please help me with any of those questions. Thanks.
How much can I get for 2 new tires?
Huffy Windsprint
 
tire 25.00 hdlbar tape 20.00. paint forget about it to do a proper paint bike has to be completely disassembled. cut foam off rerap tape but get instructions there 2 proper methods to install. p/u bicycle repair manual.
 
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