The most important thing you've forgotten is room treatment!
I'll go through your list in order, and then get to that.
I wholeheartedly agree with dcrigger on the RAM upgrade point, definitely, definitely worth it.
Another option, in case you plan on mostly or entirely leaving your laptop in the same place, is to get a Mac Mini and whatever display you might like and/or find on sale this week, you'll be able to upgrade the RAM yourself, thus saving at least $100, you'll be getting a slightly more powerful computer, you'd have the option of choosing the display, keyboard and mouse yourself.
Logic Pro is a fine DAW, but it's not like any DAW is significantly worse than the other (save for Pro Tools Native, which you should avoid), so you should try as much of them as possible and see which one has the workflow that agrees with you best.
Both the Rode M5 and NT5 are fairly low end microphones, and if you want to record music the mics will be the third most important variable to the sound quality you'll be getting after the instrument's sound and room, so I recommend you look into better microphones.
Without spending much money you could get a pair of sE8 or a pair of Fat Heads, and from there the sky's the limit.
Same thing for the Shure mics, you may consider some decent condenser mics for the other pieces of the kit as well.
The search for monitor speakers shouldn't depend on their size as much as your budget and preference.
Contrarily to popular belief, smaller speakers don't sound better in smaller rooms, they mostly just reproduce less low end, so the usual 8" woofered speaker should be good.
Also, this is one of those cases where there's a high correlation between price and quality, the notable exception being the Yamaha HS line and, according to some, the JBL LSR (mk2) line, so definitely check them out, and if you're going to do some real mixing yourself be sure to get a pair of good quality speakers.
What does that mean though, good quality...
Monitor speakers should reproduce things as accurately as possible, so if you have the option you should go to an audio gear store where they have a show room, bring some music you're familiar with and ask the salesperson to play it through a few speakers, so that you can pick out the one that you feel is giving you the clearest, broadest, plainest representation.
You really won't be needing a rack at this stage, you can just use whatever night stand, small table or similar piece of forniture, place the audio interface on top and the laptop/display and keyboard on top of that.
You will certainly need mic stands, and since they'll be holding up your costly and prized mics you really don't want low end stuff.
K&M stands are the brand to look for if you want an average mic stand, though their gear is undoubtedly expensive so you may also look for some Superlux stands, I'm told those are up to par and are about half as costly.
Or, well, you might get any stand from any brand, just make sure they're heavy enough and steady enough to stay up even in case of an accident, someone tripping on a leg, or hitting the pole with a stick...
As for the acoustic treatment, it'll be a necessary investment unless your room already sounds good by chance.
There's a world of material on it and I recommend you dive into it, though the gist is you'll want to eliminate as many resonant frequencies from your room as possible, which you might do with absorbers (bass traps), diffusers and resonators, each going about the task in a different way and/or targeting different frequencies.
Good luck, and have fun with your new studio!
