Searching for Cheapish Gaming Computer (Tech noob)

Hello,

My old computer just crased and I am on a low budget to replaice it. I would like to spend 500- 700 dollars (although if somebody knows of a cheaper solution im all ears). I like playing computer games such as League of Legends and WoW. I know very little about the quality of a computer and just doing some research around local stores i found this computer (http://www.bestbuy.com/site/CyberPowerPC+-+Gamer+Ultra+Desktop+-+8GB+Memory+-+2TB+Hard+Drive/6979369.p?id=1218818472343&skuId=6979369#tab=specifications) is this acceptable for such gaming or are there better alteratives. Thank you you help is much appreciated.
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