Advice for new Build

[Melowin]

Hey guys, i decided to do my own build (first timer). My budges is around $500 - $550
The only game i play is Wow and I won't be doing any video editing ect. on this machine.
I need an OS but no other accessories like mouse, keyboard or screen.

Can i get something decent within my budged?

[Deleted]

Little bit over budget with rebate, is that doable?

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i3-4160 3.6GHz Dual-Core Processor ($111.99 @ SuperBiiz)
Motherboard: MSI B85M-P33 Micro ATX LGA1150 Motherboard ($50.99 @ SuperBiiz)
Memory: Team Zeus Blue 8GB (2 x 4GB) DDR3-1600 Memory ($59.99 @ Newegg)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($52.85 @ OutletPC)
Video Card: Sapphire Radeon R7 260X 2GB Video Card ($99.99 @ Newegg)
Case: Fractal Design Core 1300 MicroATX Mini Tower Case ($38.98 @ Newegg)
Power Supply: Rosewill HIVE 550W 80+ Bronze Certified Semi-Modular ATX Power Supply ($44.99 @ Newegg)
Optical Drive: Lite-On iHAS124-14 DVD/CD Writer ($12.99 @ Newegg)
Operating System: Microsoft Windows 8.1 - 64-bit (OEM) (64-bit) ($89.98 @ OutletPC)
Total: $562.75
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2015-01-05 15:22 EST-0500

You can also buy a Windows 8.1 Pro key here for $69, they provide a download link to the image, mount this and install from a USB drive and you can then skip the DVD drive. Automated tool for the process here