Need Help: BiggerPockets Wholesale Calculator

[Terrance Harrington]

I'm trying to understand how the maximum purchase price is being calculated when using the wholesale calculator rental option. I've tried using this formula MAO = [ARV] – [Flipper’s Profit] – [Repair Costs] – [Fixed Costs] – [Wholesale Fee] that I found on a biggerpockets blog post, however the math just isn't adding up. It seems that the calculator is using a different formula? I would like to jumpstart my real estate investing career by becoming a wholesaler first. I would like to have the biggerpockets calculators in my arsenal of tools, however at the same time I would like to be able to explain the numbers intelligently. @Brandon Turner @Joshua Dorkin can either of you guys chime in to discuss what formula the calculator is using? Thanks in advance. 

[Brent Coombs]

@Terrance Harrington, an example might be:-

$100k (ARV) - $25k (flippers profit) - $10k (repair cost) - $7k (fixed cost) - $7k (your profit)

= MAO $51k! (All of those figures are adjustable. eg. You might find flippers will settle for $10k).

It's Investors who buy-to-hold who are more interested in RENTAL formulas, because they are the ones who are concerned about ONGOING Return On Investment.

Wholesalers and Flippers are mostly concerned with actual dollars made for their TIME (ie. job)...