Not at all. You're using archaic hardware and trying to run graphically intensive games? It won't work very well. And plus, with a 128 GB SSD, you will very quickly run out of space. GTA V alone takes up around 70-80 GB of space with all updates, patches, and DLCs. That's excluding the 16-20 GB that Windows uses.
If I were you, I'd get rid of that system and buy a much more modern system. Sure, you can use that old system, but it really won't be worth it.