No... That's not a good system for today.
Here is my suggestion.... Although it's quite budget, if you had another 100$ you could get a serious cpu, but this will only get you minimum requirement. Not sure, you need wifi adapter?
You could also trade up to 2400g cpu or 2200g, they are better, but then you'll likely stick with onboard graphics which will only pull low settings.
I also chose a motherboard to be able to upgrade cpu later on (with overclocking capability)
Anyway, I'm sure everyone will bash me for it. But here's the best low budget with potential (in my opinion)
PCPartPicker part list /
Price breakdown by merchant
CPU: AMD - Athlon 200GE 3.2 GHz Dual-Core Processor ($54.79 @ OutletPC)...