UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND
A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
(Unaudited)
	THREE MONTHS ENDED
	March 31,2005	March 31, 2004
Cash Flows From Operating Activities:
Net Income (Loss)	($58,341)	$36,463
Adjustments To Reconcile Net Income (Loss)
To Net Cash Provided By
Operating Activities:
Depreciation	232,399	217,214
Amortization	21,500	21,500
(Increase) Decrease in Homes and Improvements	31,945	(332,215)
(Increase) Decrease In Other Assets	(318,514)	112,579
Increase  (Decrease) In Accounts Payable	40,469	(28,406)
Increase (Decrease)  In Other Liabilities	221,518	106,636
Total Adjustments:	229,317	97,308
Net Cash Provided By
Operating Activities	170,976	133,771
Cash Flows Used In Investing  Activities:
Capital Expenditures	(143,803)	(21,893)
Cash Flows From Financing Activities:
Net Borrowing on Line of Credit	265,000	35,000
Distributions To Partners	(271,000)	(263,375)
Proceeds from Note Payable to Affiliate	92,974	0
Principal Payments on Mortgage	(112,393)	(96,555)
Net Cash Used In	(25,419)	(324,930)
Financing Activities
Increase (Decrease) In Cash and Equivalents	1,754	(213,052)
Cash and Equivalents, Beginning	200,760	258,423
Cash and Equivalents, Ending	$202,514	$45,371
See Notes to Financial Statements
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