That depends on what you are building. A standard 2 or 3 bowl sink, without garbage disposal or dish washer can get along with a drain height of 19-20 inches from the height of your floor (sub or finished). With a disposal that height may have to drop an inch or so. Also to properly drain a dishwasher you should have a seperate trap with reducing fittings to pickup a nominal 5/8" drain hose so you could wind up with 3-4 traps under your sink and a seperate drain clean out plug would be nice too. Now if you are inclined to put in something along the lines of a "Farmers Sink" the highest drain centerline could be down to 11". There are a 100 ways to do any plumbing job and you really need to sit down and figure out exactly what you think you or your folks want and start drawing it out on a large piece of paper. By the way, your hot and cold lines should never come out of a wall if it is an outside wall and 20" off the floor for your stops is a good height.