Stuck in the Mud
I would definitely get a depth guage for the Chesepeake. While dinking around there with my outboard runabout in the 70's, I saw many a sailboat hard aground, praying for a rising tide. My used Cat 22 came with a Horizon depth gauge mounted flush on the cockpit side of the cabin just to the port side of the companionway. Great spot. When it failed after 22 yrs, I replaced it with another digital type, including a new transducer. The transducer is mounted thru the hull in the bilge compartment where the tie-down bolt for the keel is located (i.e. beneath the forward seat of the table area). The transducer needs a shim on the inside, and don't use wood which could swell if wet and thereby hurt the housing or destroy the water tightness. For my shim, I used a large pvc cap and drilled the hole with the same size hole cutter (round saw on around an electric drill) that is used to go thru the hull. West Marine provided advice on the sealant, and use a good one. Also don't overtighten the mounting nut as that too could injure the water tightness you need for the thru-hull mount. Many like a fishfinder because of cost and versatility, but I prefer the digital type with large numbers such as made by Horizon, Hummingbird or Lowrance because they are so easy to see from the tiller.