Reasonable budget for first affiliate site.

Hello Guys

I was just wondering what is a good budget for my first website promoting a click-bank product.

Domain from names cheap = $11.00

Themeforest Theme = $50.00

Content creation = $100

I already have hosting and plan to utilise satellite pages as my off page SEO method.

Please let me know if you think I am over doing it.

It will depend upon what you can do yourself, but try using a free theme when getting started. Your only expenses would be backlinks and content which again depend upon many factors.