Checking math on deal

[Shane M]

Alright so I know this is a bad opp, but I want to make sure I know what it would take to make it a good opp.

$79,900 Short sale leased for 925/mo
Fails 2% rule right off the bat
Has been sitting for 2 months
50% rule takes it down to 462.50
Minus 428 mortgage (30YR @ 5%) = 34 (low cashflow)

So bringing the sale price down to 59900 would add about 100/mo in cashflow... plus save you 20K lol.

At that point would it be considered a good deal?