I believe it'll averagely reach medium-high at 1080p, mileage will vary from game to game.
Those specs for that price tho...is a laptop really absolutely necessary? Just saying, as with 200~300$ less a desktop solution would likely be as much or more powerful than that...
If portability is a must, then by all means, get it (I would, if I were you); if, however, it is not, consider the Desktop option...
The only reason for you to stay away from the laptop solution would be it being a Toshiba model, as they're just bad, especially the Satellite series, period...