It highly depends on some luck. So let's for example, you pay about 7.5 CBM to buy ingredients(the one I used above), then a neutral Lager would be about a -3 CBM net lost. However, if you get a good Lager, you will get a gain of about 2.5 CBM. In the case of a Outstanding Lager (20% using a outstanding water which is about 1.3-1.4 CBM) at about 20% chance, you get a net gain of 11-12 CBM. So depending on luck and how you put in ingredients, you can earn more than you lose.
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Interesting figures. I'm not usually very lucky though so not so sure this strategy is a good one for me. 😁
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