Closing costs

[Donna Salmiery]

This is an part of an ad I saw on Craigs List:

If you fix and flip
After repair value $115,000.
Purchase, plus costs $15,760.
Repairs (estimated) $45,700.
Holding costs $2,400.
Closing Costs $11,500.
Gross Profit $39,640.

I don't understand the closing costs. I imagine there is a title search, but what other costs are there, especially if it is a cash purchase? Can someone explain? The closing costs are almost as much as the property itself.