Is this a good build for gaming (60 fps @ultra, 1080p)

Solution
Yeah, its somewhat fine, but the CPU (& maybe even the RAM) is a bottleneck for the GPU. I have made a much better build, best fit for 60fps ultra gaming, nearing your budget, although its a bit costlier:
http://pcpartpicker.com/list/hT84M8
If it is out of your budget, the you can continue with your old build (keep in mind that your build list doesn't show the prices of some components).

Clarifications:
The CPU has been upgraded to improve the speed a little more (the next available i5 model after 6500), so that it doesn't become a bottleneck for the GPU, although the price has been increased by 108$ :-( If that is too much then you can go for 6500.
A CPU cooler is always recommended. The one which I selected is a basic one but pretty...
Looks to be a good build. I wouldn't want to guarantee that it'll hit 'ultra' in everything but it'll give you great performance at 1080p. I would suggest that you invest in a 100GB SSD to run the OS and your important applications on. Yeah, you can cut a few bucks by losing it and it's not critical but man it's such a big quality of life improvement. If your budget is already as high as you can push it then I can understand focusing on the really critical components first but if you can sneak an extra sixty bucks then an SSD would make this a really awesome system.
 
It's a great build. Although I can't see the price of the other parts anymore, but I would just like to suggest some things. Since you chose an H110 board, you might want to get a single channel 8gb ram instead of the dual channel. That would allow you to easily upgrade when a game that requires more than 8gb ram shows up, or you will be doing some VMs. Then another thing, for a few more dollars, you should replace your power supply and get a Seasonic S12II 520, or M12II 520 if you want a modular one, or an XFX TS 550. They have way better quality for a small price difference. The M12II 520 is currently $55 in newegg until September 14 if you use a promo code. I wouldn't miss that opportunity if I were you :)
 
Yeah, its somewhat fine, but the CPU (& maybe even the RAM) is a bottleneck for the GPU. I have made a much better build, best fit for 60fps ultra gaming, nearing your budget, although its a bit costlier:
http://pcpartpicker.com/list/hT84M8
If it is out of your budget, the you can continue with your old build (keep in mind that your build list doesn't show the prices of some components).

Clarifications:
The CPU has been upgraded to improve the speed a little more (the next available i5 model after 6500), so that it doesn't become a bottleneck for the GPU, although the price has been increased by 108$ :-( If that is too much then you can go for 6500.
A CPU cooler is always recommended. The one which I selected is a basic one but pretty good, & also has -10$ rebate.
Seagate HDDs have more failure rate (according to BackBlaze statistics 2016), so I have changed the HDD to a better one from HGST, with the same price.
Mobo: Same price & mostly same specs, but the one which I selected has more quality, & has a better BIOS (128 MB instead of 64 MB).
RAM: The lesser the CAS latency, the more better. So I have changed the RAM from 15 CAS to 13 CAS, and only 8$ more. Also, it is better to have a 8GBx1 RAM instead of 4GBx2, so that in future you can add another 8GB RAM to increase your memory. 🙂
Graphics: Same price (I think so, as that Gainward graphic card is out of stock everywhere), but more clock speed. 🙂
Case: The one I selected is much better. Zalman MS800 has 2 USB2 & 2 USB3 front slots, a fan controller, 6 external 5.25" bays, awesome looks & much better ventilation, only for 5$ more :)
PSU: Although the one I selected is 20$ more, it has more efficiency, 50 watts more & is fully modular too (clutter free & more options). As it is more efficient, this could save you money in the long run (cuz it will consume less electricity! 😀) :)
Wi-Fi: I guess you forgot about it, & the mobo doesn't include wifi, so I have added the cheapest (but pretty good quality) 802.11 a/b/g/n/ac with BT 4.2. If you don't need it then you can remove it :)
If possible you can also make money for a 120 GB SSD, & use it to store Windows OS files, as it does make good difference.

Cheers & Regards
 
Solution


Thank you! I really appreciate your advice. I will change my components. You sir, are truly a good person.