Raise it up to around 4 inches and start there … Raise in 1/2 inch increments until you lose the holeshot or start getting too much steering torque , then drop it back down 1/2 inch . — My 88 Pan2 with Yamaha 150 ( 23 pitch prop ) would run 60 – 64 depending on load . — I would think you should be in the same ballpark . — All of this is assuming you have the original jackplate on it . ” POW-R-LIFT ” 6 inch setback .