GTX 1060s are decent GPUs mining ETH at around 22Mh/s (~$1.5 - $2 a day) with a ROI (return on investment) at around 4 - 5 months. While GTX 1070s are a safer bet but more costly in general.
All this is accounted for if almost nothing goes wrong (e.g. hardware failure).
Yes, it may restrict a few currencies to mine due to their hardware requirements.