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That mission gives me over 7.5K and with maxed out car you will get over 8k per 30sec, in counting on wait times.
(For anyone interested, all you have to do is deploy an emp as soon as he's in range, which will send him into the left guardrail or the trees on the right, then a speedhack when you're alongside him, and boom, busted)
Personally I like to know how I can earn as much money by spending the least amount of time on "grinding". Therefore while my "friends" are away on the faction missions I simply close my game and do somethign else.
I have updated the headings to include a "realtime" and an time spend value.
Income: 10 missions * 16.000 = 160.000
Real time: 160.000 / 3 hours = 53.333 per hour
Time spend: 160.000 / 5 minutes * 60 minutes = 1.929.000 per hour
The tagline for your guide says $1m in one hour of play time - not true unless you only count logging in for 5 mins every 3 hours to collect faction mission cash and resetting them - not exactly playing.
Earning 864k per hour from faction missions - also not true.
At L50 the most I can do is 10 missions at once earning 16k each every 3 hours. It's realistic to get 3-4 of these done per day, but that's still only 480-640k.
To get the full amount for a faction mission you need to do it, but you can only do one at once, and the largest bucks values can also take over an hour to complete.