Your card should fit just fine. It most likely will be a tight squeeze but it should fit. Compact cards cost a lot more but they may be interesting.
I would recommend at least a 700 Watt power supply so if you do upgrade or anything happens like that, you wont have to spend more money to get a better PSU. (500 will work fine, that's no problem, just a suggestion tho)
You most likely are going to also want to invest in a DVD-R drive and if you are not wired into your internet, maybe an WIFI card can help you out to have the best possible connection.
Lemme know how it goes!!
Edited by Quantum41, 12 November 2013 - 01:56 AM.
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Operating System - Microsoft Windows 7 Ultimate 64-bit CPU - Intel Core i7 3820 Sandy Bridge-E 32nm Technology RAM - 16.0 GB Single-Channel DDR3
Motherboard - SABERTOOTH X79 (LGA2011) Graphics - NVIDIA GeForce GTX 660 Ti