I did convert the same exact trailer. I bought the power up / gravity down unit through Graingers, the cylinder and hose from Surplus Center. I put the unit inside a Tractor supply box I mounted to supporting steel frame for a winch in the box as well. If I recall I believe the power unit was around $500, Cyl and hose was another $125, and box about $100. The rest of material I had. In all was around 800-850. A single acting cylinder worked great for power up /gravity down only needing one hose. I looked for a cylinder with a similar length closed, same stroke, and larger piston diameter. I bought the higher capacity hyd. fluid box for the pump (square box) but the original round reserve would have been fine.
The original cost of a H&H with power unit was $1600 more so I saved about $800 or so.
I bought my trailer new in 2006 but by 2014 had outgrown the 7K weight rating so it was sold and replaced with my PJ 22' full tilt 14K.
The link Fallon listed has a pump similar to what I used.