Rental Property - Paying more towards principal each month?

[Derek Hacker]

Hi Everyone,

Looking for some advice on my first rental property.  Property details:

Loan Amount - $324,000

Rent - $2900/Month

Revenue/yr after PITI - $7570

The current mortgage amount is $1466 and I am paying an extra $244 per month towards the principal. I am looking to continue investing in real estate and was looking for suggestions on if I should continue paying down the loan quicker or take advantage of the extra cash flow since my renters are paying down the loan? Any advice would be greatly appreciated.