For a system using a single GeForce GTX 570 graphics card NVIDIA specifies a minimum of a 550 Watt or greater system power supply that has a maximum combined +12 Volt continuous current rating of 38 Amps or greater and that has at least two 6-pin PCI Express supplementary power connectors.
Total Power Supply Wattage is NOT the crucial factor in power supply selection!!! Sufficient Total Combined Continuous Power/Current Available on the +12V Rail(s) rated at 45°C - 50°C ambient temperature, is the most critical factor.
Overclocking of the CPU and/or GPU(s) may require an additional increase to the maximum combined +12 Volt continuous current ratings, recommended above, to meet the increase in power required for the overclock. The additional amount required will depend on the magnitude of the overclock being attempted.
The Cooler Master eXtreme Power Plus 500W (RS500-PCARD3-US) power supply unit, with its maximum combined +12 Volt continuous current rating of 30 Amps and with one 6-pin PCI Express supplementary power connector, is insufficient to power your system configuration with a single GeForce GTX 570 graphics card.
If you're going to be overclocking the FX 8350 plan on adding another 9 to 10 Amps, depending on the magnitude of your overclock, to the +12V rail's minimum capacity recommended by NVIDIA to handle the extra power draw.