It is last in the top hole, engine is as low as it can go. It's not an Inertia Prop. I was hoping to see 50mph and have a little better cruise speed.
PROP: The Enertia props are fantastic on the Mercury Verado’s. For that motor, that would be by far my #1 prop recommendation. What’s on it now for a prop?
HOLE MOUNT: Based on what you said, my guess is your are mounted too low. When fully underway, is your cavitation plate basically level with the water, OR is it fully submerged. IF fully submerged, you are mounted too low, and your lower unit is too deep. That is creating drag which is a) slowing you down, and b) not good on that lower unit.
RPM/PROP PITCH: The RPM range for your motor at WOT is 5800-6400 RPM at WOT. Ideally you want to be towards the very top of that range with a LIGHT load. You were at 6200 with a moderate to heavy load. Spitballing here, I think you could go up 1 for sure, maybe 2.
If you really want to dial it in, I’d change the engine hole mount first (IF the cavitation plate is submerged). Track RPM at WOT light load, and heavy load. I’d then switch to at least a 17p Enertia Prop. Track RPM at WOT the same way as above. Depending on results, then try out both an 18 and 19 pitch Enertia and compare to RPM/load numbers.
When done, you should be totally dialed in. You have a lot of boat you are pushing with that motor, so that certainly is going to impact things. However, I think you could get to that 50 mph mark by dialing in the items above.