UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
	NINE MONTHS ENDED
	September 30, 2003	September 30,2002
	(unaudited)	(unaudited)
Cash Flows From Operating Activities:
Net Income	$724,682	$827,287
Adjustments To Reconcile Net Income
To Net Cash Provided By
Operating Activities:
Depreciation	637,423	619,612
Amortization	64,500	64,500
(Increase) Decrease In Homes & Improvements	(366,381)	78,699
(Increase) Decrease In Other Assets	(667,219)	(287,092)
Increase (Decrease) In Accounts Payable	111,306	53,035
Increase (Decrease) In Other Liabilities	414,500	269,553
Total Adjustments:	194,129	798,307
Net Cash Provided By
Operating Activities	918,811	1,625,594
Cash Flows From  Investing Activities:
Capital Expenditures	(52,375)	(781,162)
Net Cash Used In
Investing Activities  Activities	(52,375)	(781,162)
Cash Flows From Financing Activities:
Net Payment  on Line of Credit	(90,755)	(75,000)
Distributions To Partners	(786,000)	(778,750)
Principal Payments on Mortgage	(274,995)	(245,918)
Net Cash  Used In Financing Activites	(1,151,750)	(1,099,668)
Decrease In Cash and Cash Equivalents	(285,314)	(255,236)
Cash and Cash Equivalents, Beginning	607,207	902,752
Cash and Cash Equivalents, Ending	$321,893	$647,516
See Notes to Financial Statements
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