A basic turbo kit might yield somewhere in the 250-350 horsepower range, but with significant upgrades (intercooler, upgraded fuel system, exhaust, engine internals, professional tuning), you could easily see 400+ horsepower or even more. Conversely, a poorly installed or tuned kit could result in lower horsepower or even engine damage.
Therefore, you need to specify the *exact* turbo kit and modifications to get a more precise estimate. Looking at forums and online communities dedicated to modified Mustangs will give you a better idea of the horsepower numbers achieved with specific setups.