You are assuming:
a) winning every battle for the bonus
b) getting every bit of resource available
Both are not easy and guaranteed over 2,600.
Here are some thoughts. Once you reach Masters III you'll notice that:
- 95% of bases are TH10
- 60 to 70% of them are fully maxed (all have working infernos)
- 99% of them are active
- You will lose the majority of defence attacks
- At certain parts of the day you can't go 5 minutes offline without being attacked (resulting in large resource losses)
- It can occasionally take a while to find a good base (costs a lot of gold)
If you're thinking of farming then you'll need an army with a build time around 30 to 35 minutes otherwise it's too long in my opinion. Very few 35 minute armies can do serious damage on a maxed TH10, so it's doubtful to get all the loot.
What TH level / experience are you? Anyway, just give it a go and see if it works for you. Try and get your clan mate to share their attacks with you so you can see and learn.
Oh, and do it quick because once the Spell Boost period is over I doubt we'll see so many people Hogging with 5 spells each time.