Fucking atrocious CPU, PSU, and Mobo for the price range.
Here's what to do:
Switch that CPU for an FX-6300.
Drop the CPU cooler, it's unneeded for your budget.
Never get a Micro-ATX Mobo for a Mid-Tower. Go for an ATX and better quality, maybe an Asus M5A97 LE.
Bump your PSU up to at least 500W, preferably 600. A CX600 will do well.
Drop the OS and just torrent it, it'll save you a ton of money.
My secondary rig is about 30-40% faster than your current mockup and only put me out about $575.