Fair Offer Price for multi-million dollar deal

[Jonny Mcknight]

Hey Family, 

So, I've watched every single youtube video and ready every single article; I'm talking months on end regarding wholesaling a property but most have been on properties valued at $150,000k or less.

Today, I got a real live deal, in the millions and have no idea what a fair offer should be. 

The property is valued at $2 million, the rehab budget is $600,000 the ARV is $4 million and my desired wholesale fee is $200,000.

With this info, what should a fair offer be and can you kindly break it down? Thank you so much in advance.