I agree with the other folks - this will be a super stressful way to start your trip! If you have kids you'll like need to hit the rest rooms after the plane so it might be 3pm before you get to the Magical Express area of the airport after you deplane and have a potty break. We plan 90 minutes from Magical Express to check in at hotel. That is conservative but have found it to be farily realistic. That puts you at 4:30 and you still need to hop the monorail, go through the gates of MK and run to the end of Main Street USA. I hope you can push your ADR out a little further or maybe schedule something more nearby for your first dinner at Disney!
I'm guessing the OP is the same person who posted this question on the DIS Boards FB page. Lots of good advice there too. Like the posters above, this is really, really tight and most people would not risk the no-show fee.
IF you don't have little kids
IF you don't have checked luggage
IF your plane arrives on time
IF you run through the airport
IF you can grab the first cab at the curb
IF there are no traffic tie ups
IF you have done online check-in
IF the monorail is operating normally
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