Bonnie has the opportunity to purchase a large Victorian home for $733,898. She will need to spend additional $142,407 to renovate and convert to a bed and breakfast. She estimates the following after tax cashflows. Year 6 cashflow includes the terminal value of the venture. What is the net present value of the venture if Bonnie's cost of capital is 12% (round to the nearest dollar).

Year	Cash-flows
1	89,706
2	89,554
3	99,737
4	128,926
5	146,760
6	1,089,234