New computer

[Celiander]

Hi everyone, Ive been a long time lurker here, first time poster.

I'm looking to build a new computer but havent done anything like this in quite some time (8 years or so).

Here's what I would like it to be able to do. I'm looking to play games at 60 fps at 1080p on ultra for most current and upcoming games. There is some possibility of streaming. I would also like it to be fairly upgradable.

In the future looking to do 120hz and later 4k gaming. Also multiiple monitors able. Not to play games on both, but gaming on one and youtube or something on the other.

Immediately it will also be used for most my media as well, so, able to play blu-ray as well.

My budget is 1200-1500, but I would prefer it be closer to the 1200 USD mark. I dont currently have any parts to use. Thank you for your help everyone.

[Deleted]

You should use the following as a base, leaving gpu out. There is about $400 for it and probably worth to wait for the new Nvidia 970 coming out soon.

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i5-4690K 3.5GHz Quad-Core Processor ($234.66 @ OutletPC)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($28.65 @ OutletPC)
Motherboard: Gigabyte GA-Z97X-Gaming 3 ATX LGA1150 Motherboard ($122.99 @ Amazon)
Memory: G.Skill Sniper Series 8GB (2 x 4GB) DDR3-1866 Memory ($76.50 @ Newegg)
Storage: Crucial MX100 256GB 2.5" Solid State Drive ($109.99 @ Micro Center)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($56.98 @ OutletPC)
Case: Fractal Design Define R4 w/Window (Titanium Grey) ATX Mid Tower Case ($82.99 @ NCIX US)
Power Supply: EVGA SuperNOVA NEX 650W 80+ Gold Certified Fully-Modular ATX Power Supply ($59.99 @ Newegg)
Optical Drive: Pioneer BDC-207DBK Blu-Ray Reader, DVD/CD Writer ($34.98 @ OutletPC)
Operating System: Microsoft Windows 8.1 (OEM) (64-bit) ($89.98 @ OutletPC)
Monitor: Dell P2414H 60Hz 23.8" Monitor ($219.99 @ Amazon)
Total: $1117.70
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-09-16 06:04 EDT-0400

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If you are in a hurry, you could grab an R9 290 in there and be fine. Multiple 4k gaming will be hard tho with this budget.

[Celiander]

Ah, I should have stated I wont need a monitor.

And, the 4k is in the future. Probably just one 4k monitor by then. The most likely upgrade there will be a 1080 120hz first. But thats months away right now.