Wholesale Calculator and the rental owners purchase price?

[Graeme Ford]

Hey I have been completing a bunch of analysis with the rental property calculator and have started using the wholesaling calculator, which are both awesome. I just have a question about the rental owners purchase price in the wholesaling calculator. Is this the price point that would make sense to purchase a property based on the expected numbers? 

For example if my rental owners purchase price comes out to $721,000, but I have say $200,000 worth of renovations to be completed, does that mean the purchase price would then be $521,000 for that property?