On paper, yea, I guess. But it isn't a very balanced system. 16bg RAM? Unless you just have it on hand (or find it on sale for like 10$ or something crazy like that,) it is overkill. The older i-5 seems unnecessary, I would opt for an i-3 6100k or something if you want to overclock. Take it down to the i-3 and go for a GeForce 1060. You will get much better performance for the same price.
http://pcpartpicker.com/list/wczPKZ -PCth
Edit: That power supply might need to go down a notch or two. (look up a PC Watt Calculator.)