[Calc Review] Help me analyze this deal

[Frank P.]

https://www.biggerpockets.com/...

-How does the closing costs factor into the cash on cash return? This deal has a cash on cash return of 18% and a cash flow of greater than $200 per door, but is basically breaking even after two years because of the closing costs.

-The bank said because the loan costs were greater that 10% of the loan amount, the loan is considered high cost / predatory. If I had $50k and had the option to buy this house in cash vs acquire this house + 2 others (~$5k closing costs + $10k down payment) x 3, which makes more sense?

-Side note: for single family home rental, what utilities are customary for the tenant to pay? Does landlord pay for water/ sewer/ trash?

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