It is probably possible with the setup you are looking at, but you will have to run race fuel. I was looking into putting a 101mm turbo on a 358 that I have with an air to water intercooler, 9:1 compression and 25-30psi boost. The company that was helping me with it said that it would produce around 1500hp at the crank. That is with 118 octane fuel though. In the end it looked like it was going to be too expensive (around $11,000 for turbo fuel injection intercooler and all the other parts), so I just stuck with the setup that I already had.