PCPartPicker part list:
http://pcpartpicker.com/p/cCs7rH
Price breakdown by merchant: http://pcpartpicker.com/p/cCs7rH/by_merchant/
CPU: Intel Core i5-6500 3.2GHz Quad-Core Processor ($194.89 @ OutletPC)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($29.49 @ Amazon)
Motherboard: Gigabyte GA-H110M-A Micro ATX LGA1151 Motherboard ($53.99 @ SuperBiiz)
Memory: Crucial 16GB (2 x 8GB) DDR4-2133 Memory ($54.99 @ Adorama)
Storage: A-Data Premier SP550 120GB 2.5" Solid State Drive ($33.99 @ NCIX US)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($45.89 @ OutletPC)
Video Card: MSI GeForce GTX 970 4GB Twin Frozr V Video Card ($334.99 @ B&H)
Case: Cooler Master N200 MicroATX Mid Tower Case ($44.99 @ Mac Mall)
Power Supply: SeaSonic S12II 620W 80+ Bronze Certified ATX Power Supply ($61.99 @ SuperBiiz)
Total: $855.21
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2016-05-16 18:28 EDT-0400
I agree with killswitch. yes you can wait for the older GPUs to be sold or even grab a 1070 when it comes out.