How to make a $100k+ house work

[Robert Howard]

Ok. I have a deal from a friend. He wants to sell his house and move. He owes $95k and Open Door has offered him $113k. He ask me if I wanted it for that price. A house on same street sold for $154k last month. I have ran the numbers and can't seem to make it work.  How do people buying $100k+ house for rental property make a profit. Please look at my numbers and tell me if I'm calculating wrong. Here is the link. Any feed back will be greatly appreciated!