How do you feel about a ...??

[Johnny McKeon]

How do you feel about a 

$700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after

$560k loan amount (20% down)

7.750 par rate with no costs. monthly payment $3,616.66

Or pay $22,295 in closing costs and get a 6.375% 

Monthly payment of $2,975

The monthly payment difference between the two is $641.66

And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correct

How do you guys feel about taking a lil less than 3 years to break even on $22,295

And the seller is giving me $15,500 in seller concessions 

thank you everybody for your help!!