Rental Property with Negative Cash Flow

[Sam Shah]

I am thinking of buying a property for $210,000 with 3% down. My goal is to own the property by letting some else pay for my equity. My rental income will be around $1,700 and total expenses will be $1,800, making net cash flow of $200/month (Total of $36,000 over the period of 30 yrs). Lets say if I account for $50,000 for total expenses for 30 years, plus 36,000 of negative cash flow - Total of 86,000. Assume there is no appreciation on property after 30 years. I will be able to own the property worth $210,000 by paying $86,000 + 3 % down pay. What's wrong with this analysis?