UNIPROP MANUFACTURED HOUSING INCOME FUND
                                                                  A MICHIGAN LIMITED PARTNERSHIP
   
     
 
STATEMENTS OF INCOME          THREE MONTHS ENDED
March 31,2001 March 31,2000
(unaudited) (unaudited)
Income:
  Rental Income $2,113,339 $2,112,733 --
  Other 124,510 153,653
Total Income $2,237,849 $2,266,386
Operating Expenses:
  Administrative Expenses
  (Including  $111,175 and $111,883 in Property Management
   Fees Paid to An Affiliate for the Three Month Period
  Ended March 31, 2001 and 2000, Respectively) 434,118 461,076
  Property Taxes 212,181 211,125
  Utilities 162,067 132,776
  Property Operations 256,708 235,861
  Depreciation And Amortization 234,038 238,320
  Interest 670,954 668,925
Total Operating Expenses $1,970,066 $1,948,083
Net Income $267,783 $318,303
Income Per Limited Partnership Unit:
  Class A $4.04 $5.32
  Class B $13.56 $15.04
Distribution Per Limited Partnership Unit
  Class A $2.75 $2.50
  Class B $2.75 $2.50
Weighted Average Number Of Limited
  Partnership Units Outstanding
    Class A 20,230 20,230
    Class B 9,770 9,770
STATEMENT OF PARTNER'S EQUITY (Unaudited)
      General Partner Class A Lmited Class B Limited Total
Beginning Balance of December 31, 2000 (2,690,242) (9,503,207) 198,357
Net Income 53,557 81,746 132,481
Distributions (167,313) (55,633) (26,868)
Balance as of March 31, 2001 (2,803,998) (9,477,094) 303,970 0
                                                                         See Notes to Financial Statements
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