Mountain Bike Parts Cheap

How fast can a hybrid bicycle travel?
I’m a college student and I can’t afford an expensive touring bicycle nor do I go on enough tours to justify spending that kind of money. I just want a cheaper hybrid bicycle (it will be only used on roads, no dirt) in the range of 300-400 bucks. I’m not doing extensive touring, probably 2-3 days of riding/ camping, and maybe 200 miles. I’m not sure how much gear I’ll be taking, but most likely it wont really exceed 20 -25 lbs. I’m not really interested in going really fast, like I could on a genuine touring bicycle, but I don’t want to be a slug either (which is why I don’t want to use a mountain bike). Ideally, I’d like to shoot for an average speed of 12-14 mph. Is this at all possible?
Oh and for the most part I’ll be traveling on pretty flat roads with very few hills (NJ), although I may end up biking to the northwestern part of the state with some smaller mountains.
Any advice (on touring, buying a bike, etc.) would be very appreciated!
Thanks!
I ride a Claude Butler Classic Hybrid In the UK, costing me GBP 200, and I reckon to average 11 mph when on tour.
But then I am an old man at 69, so if you are half my age, 12 -14 should be easily possible.
I have just completed a 365 mile trip over 5 days, one of which was a rest day, all in the pouring rain with a SW head wind on the way out.
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