^I think this is your best option.
But I’d add to first look out for a Traveler MK1, if you can find it for a good price. ($100-$150)
The converters are better than the ADA8200, when receiving external clock. The main issue with the Traveler MK1 was clocking, set it up to receive clock from the 18i20 and you’re golden.
You can clock via word clock or ADAT.
Dynamic range is also improved. 112dBA vs 103dBA on the ADA8200
It makes a great ADAT expander. I use it this way with my MOTU UL MK4.