Sounds like a reasonable estimate: That's around the ballpark that liquid cooled 1945 aircraft designs with similar power levels were hitting, and the pusher configuration means it's a much more "bullet-shaped" aircraft than the typical 1945 radial. There could be some unpleasant "boat tail drag", but I think the contouring of the spinner and taper just before would keep this to a minimum, especially with the cooling system ejecting additional hot, high-pressure air into this region
Of course, I doubt it would be achieving these values in a real-world scenario, but that's more because of the poor state of Japanese fuel and industry by 1945, and the fact that every engineering project tends to have at least one "ambushed by reality" moment: P-51B tests had problems with the merlin's piping and the cooling system piping corroding one another, and the Mustang was arguably one of the least troubled development histories of a WWII aircraft.