UNIPROP MANUFACTURED HOUSING INCOME FUND
A MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF INCOME		THREE MONTHS ENDED
		March 31,2002		March 31,2001
		(unaudited)		(unaudited)
Income:
Rental Income		$2,143,837		$2,113,339														--
Home Sale Income		325,920		259,000
Other		108,040		111,535
Total Income		$2,577,797		$2,483,874
Operating Expenses:
Administrative Expenses
(Including  $113,284 and $111,175 in Property Management
Fees Paid to An Affiliate for the Three Month Period
Ended March 31, 2002 and 2001, Respectively)		482,851		434,118
Property Taxes		217,569		212,181
Utilities		138,029		162,067
Property Operations		279,273		256,708
Depreciation And Amortization		220,193		234,038
Interest		663,951		670,954
Home Sale Expense		306,948		246,025
Total Operating Expenses		$2,308,814		$2,216,091
Net Income		$268,983		$267,783
Income Per Limited Partnership Unit:
Class A		$4.25		$4.04
Class B		$13.22		$13.56
Distribution Per Limited Partnership Unit
Class A		$3.00		$2.75
Class B		$3.00		$2.75
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)
	Total	General Partner		Class A Lmited		Class B Limited	Total
Beginning Balance of December 31, 2001	(12,104,101)	(3,183,994)		(9,480,901)		560,794
Net Income	268,983	53,797		86,044		129,142
Distributions	(260,250)	(170,250)		(60,690)		(29,310)
Balance as of March 31, 2002	(12,095,368)	(3,300,447)		(9,455,547)		660,626	0
See Notes to Financial Statements
		4