Doesn’t interest offset the profit you yield from selling?

So if you think about it, lets say you buy a home for 1 million and take out a 700k loan at 5% APR for 30 years, at the end of the mortgage you end up paying approximately $654,959 in interest. That means in order to at least break even you’d need to sell the home for 1.7 million. Now yes I get that homes can appreciate quite a bit in 30 years but man that really takes a fat bite out of your margins.