The first problem I see is that it is a baitcasting rod with spinning reel on it. This rig would not fish very well at all because it is designed for a totally different type of real. The real is a pretty cheap Cardinal. If you’re looking for a starter type spinning rod and real you can do much better than that for pretty cheap. try walmart.
I agree with the $10 answer. That is some of the very low end products sold at Wallmart. You can get that odd combo for around $26 new. You would be lucky to be able to sell it for 10 buck.