That's not too bad but I'm not a fan of the 11th gen Intel CPU's. You'd be better off seeing if they do the 10700K / 10850K for less money as the performance was in some ways better than the 11700K.
If you can wait a little while the 12400K maybe out soon and that should be excellent value/performance. Or as suggested the 5600G/5600X with B550 motherboard is also very good.
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