Buying a user 2011 Subaru Outback Premium

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Hi there,

I am getting a 2011 Subaru Outback Premium from a good friend. She's selling it to me for $2,500. The car needs some work. It needs a new power steering pump (it's still drivable though). It has a small oil leak and loose muffler (possibly a new muffler). It's got 190,000 miles on it. I was wondering from you guys how much I'm looking at it to get these things fixed. I know the mileage is high but I've heard Subaru's last a long time. Am I crazy to spend the money?
 
It would also need the timing belt/pulley kit installed, if they haven't been replaced before.
 

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