Where are you than an i5 is $305? Australia?
I'd use an i7-6700 for any VM build
By switching to a B150 or H110 motherboard, you should be able to save enough to step up to the i7.
Also Kingston is not great as SSDs go. a higher quality model (AData, Crucial, OCZ, Sandisk) should be in a similar price range
What is your PSU?