For an all new build, I think you can do better. AM4 is a dead end platform and although I think future upgradeability is overrated, I think here you're overpaying and not getting the latest benefits. (If you're actually buying used AM4 or finding some sweet deals, then that's a different story.)
If you're close to Micro Center, get their Ryzen 7 7800X3D bundle.
RX 6800 XT is a really good card, but for $500 I would instead get an RX 7800 XT.
The Hyper 212 is okay, but not really one of the better options.
Finally that PSU isn't great. I recently picked up a be quiet! Pure Power 12 off of Newegg; unfortunately that sale ends in 3 hours so it may be more expensive tomorrow.