It would be highly dependant on the website.
If you're recreating a website that had no traffic then you'll continue to get no traffic, you'd need to improve that website.
If you're recreating a website that received traffic, then it might work, but again it depends on how long ago it was ranking and for what keywords and what the competition is like now versus when it was ranking.
It's going to be a real challenge finding a reasonably priced website that used to generate enough traffic to make this worthwhile.
I've recreated probably around 20 websites for PBN use and not a single one has generated any significant traffic, and that's with fairly strong domains that cost $300+. If you do get traffic, expect earnings to be low.