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.
I agree on the MC bundle - but it could be OOS depending on your local MC, because that 7800x3D bundle was pretty great.
I would be also agree on building on the AM5 platform. You could find a B650 board for around the same price, and you can always go with a 7700 or 7700X to save a little on the processor front. AM5 would likely give you some room to upgrade in the future, if AMD's past practice of maintaining socket compatibility for a long time holds up for AM5.
HSF: Get a Peerless Assassin 120 over the Cooler Master - it should be a little cheaper and it's better rated.
For PSU, I'd look for something in the Corsair RM series (or the BeQuiet one mentioned above if you can get it on sale). The RM series are always pretty solid supplies.
Case is definitely a personal preference, but consider a Corsair 4000D. Great case that can be purchased for $85-100, depending on current sales. Note that you would potentially want to grab a few extra 120 mm case fans though, since it only comes with 2.
Anyway, throw it all onto PCPartPicker to get a better view of pricing and options.
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