UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF	CASH FLOWS (unaudited)
	SIX MONTHS ENDED
	June 30, 2004	June 30,2003
	(unaudited)	(unaudited)
Cash Flows From Operating Activities:
Net Income	$142,757	$572,284
Adjustments To Reconcile Net Income
To Net Cash Provided By
Operating Activities:
Depreciation	433,874	415,894
Amortization	43,000	43,000
(Increase) Decrease In Homes & Improvements	(162,397)	(60,059)
(Increase) Decrease In Other Assets	119,113	(653,987)
Increase (Decrease) In Accounts Payable	34,009	(13,671)
Increase (Decrease) In Other Liabilities	224,762	317,489
Total Adjustments:	692,361	48,666
Net Cash Provided By
Operating Activities	835,118	620,950
Cash Flows Used In  Investing Activities:
Capital Expenditures	(47,850)	(10,786)
Cash Flows From Financing Activities:
Net Proceeds (Payment)  on Line of Credit	35,000	(50,000)
Distributions To Partners	(534,375)	(522,625)
Principal Payments on Mortgage	(187,430)	(188,735)
Net Cash Used In Financing Activites	(686,805)	(761,360)
Increase (Decrease) In Cash and Equivalents	100,463	(151,196)
Cash and Equivalents, Beginning	258,423	607,207
Cash and Equivalents, Ending	$358,886	$456,011
See Notes to Financial Statements
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