UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
                                                 A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
(Unaudited)
                             THREE MONTHS ENDED
    March 31,2002 March 31, 2001
Cash Flows From Operating Activities:
  Net Income $268,983 $267,783
Adjustments To Reconcile Net Income
 To Net Cash Provided By
  Operating Activities:
  Depreciation 198,693 212,538
  Amortization 21,500 21,500
  (Increase) Decrease in Homes and Improvements (305,102) 83,444
 (Increase) Decrease In Other Assets (136,943) (222,589)
  Increase  (Decrease) In Accounts Payables 478,556 145,810
  Increase (Decrease) Other Liabilities 203,537 198,597
Total Adjustments: 460,241 439,300
    Net Cash Provided By  
      Operating Activities 729,224 707,083
Cash Flows Used In Investing  Activities:
        Capital Expenditures (377,919) 37,701
Cash Flows From Financing Activities:
        Distributions To Partners (260,250) (249,813)
        Net Payments on Line-Of-Credit 0 (78,264)
        Principal Payments on Mortgage (89,934) (83,565)
Net Cash Used In (350,184) (411,642)
Financing Activities
Increase (Decrease) In Cash and Equivalents 1,121 257,740
Cash and Equivalents, Beginning 902,752 476,829
Cash and Equivalents, Ending $903,873 $734,569
                                                  See Notes to Financial Statements
                                                                              5