UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
                                                 A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
(Unaudited)
                             THREE MONTHS ENDED
    March 31,2003 March 31, 2002
Cash Flows From Operating Activities:
  Net Income $303,817 $268,983
Adjustments To Reconcile Net Income
 To Net Cash Provided By
  Operating Activities:
  Depreciation 207,912 198,693
  Amortization 21,500 21,500
  (Increase) Decrease in Homes and Improvements 37,504 (305,102)
 (Increase) Decrease In Other Assets (286,561) (136,943)
  Increase  (Decrease) In Accounts Payable 13,802 478,556
  Increase (Decrease)  In Other Liabilities 204,557 203,537
Total Adjustments: 198,714 460,241
    Net Cash Provided By  
      Operating Activities 502,531 729,224
Cash Flows Used In Investing  Activities:
        Capital Expenditures 0 (377,919)
Cash Flows From Financing Activities:
        Distributions To Partners (259,250) (260,250)
        Principal Payments on Mortgage (97,029) (89,934)
Net Cash Used In (356,279) (350,184)
Financing Activities
Increase (Decrease) In Cash and Equivalents 146,252 1,121
Cash and Equivalents, Beginning 607,207 902,752
Cash and Equivalents, Ending $753,459 $903,873
                                                  See Notes to Financial Statements
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