UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
                                                 A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
(Unaudited)
                             THREE MONTHS ENDED
    March 31,2001 March 31, 2000
Cash Flows From Operating Activities:
  Net Income $267,783.00 $318,303.00
Adjustments To Reconcile Net Income
 To Net Cash Provided By
  Operating Activities:
  Depreciation $212,538.00 $216,820.00
  Amortization $21,500.00 $21,500.00
 (Increase) Decrease In Other Assets ($222,589.00) ($234,505.00)
  Increase  (Decrease) In Accounts Payables $145,810.00 ($51,505.00)
  Increase (Decrease) Other Liabilities $198,597.00 $201,555.00
Total Adjustments: $355,856.00 $153,865.00
    Net Cash Provided By (Used In)  
      Operating Activities $623,639.00 $472,168.00
Cash Flows From Investing  Activities:
        Capital Expenditures ($170,733.00) $6,633.00
        Proceeds from sale of Property and Equipment $216,476.00 $0.00
 Net Cash Provided By (Used In)
      Investing Activities $45,743.00 $6,633.00
Cash Flows From Financing Activities:
        Distributions To Partners ($249,813.00) ($237,000.00)
        (Net Payments) Advances from Line of Credit ($78,264.00) $0.00
        Principal Payments on Mortgage ($83,565.00) ($93,836.00)
Net Cash Provided By (Used In) ($411,642.00) ($330,836.00)
Financing Activities
Increase (Decrease) In Cash and Equivalents $257,740.00 $147,965.00
Cash and Equivalents, Beginning $476,829.00 $1,113,061.00
Cash and Equivalents, Ending $734,569.00 $1,261,026.00
                                                  See Notes to Financial Statements
                                                                              5