Should I recast my mortgage loan?

[Brandon Arnett]

Hello,

I have a few rentals and need some input. 

I have one property that I bought last year for $475k

Current value is $520k

Interest rate 6.75%
loan amount is $352,000 (I put 25% down when I bought it)

Monthly P/I escrow is $2680

Rents for $2400

im debating putting 100k on the loan and recasting it. this will lower the payment roughly $650 a month and will make it cash flow. What do you think?