i need an answer and explaination to this problem.

A roal estate imvestor likes to "flip" houses. That is, ho lkes to buy a house at a low price and then "tlp" or sell the house for a higher price. The investor is looking at a foreclosid house that will cost $237,639.00 today. He will invest an additional $47,527.00 in the first year of owning the house to upgrade its fentures. He then beleves he can sell the house for $423,311,00 at the end of the second year, What is the IRR of this investment