UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
                                                 A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
                    SIX MONTHS ENDED
June 30,2002 June 30,2001
(unaudited) (unaudited)
Cash Flows From Operating Activities:
  Net Income $1,157,887 $1,153,695
Adjustments To Reconcile Net Income
 To Net Cash Provided By
  Operating Activities:
  Depreciation 869,870 870,981
  Amortization 10,458 10,506
  Gain on Sale of Property and Equipment (107,688) 0
  (Increase ) Decrease in Manufactured Homes & Improvements (320,196) (6,449)
 (Increase) Decrease In Other Assets (8,286) 105,903
  Increase  (Decrease) In Accounts Payables (170,032) (52,819)
  Increase (Decrease) In Other Liabilities 209,449 190,734
Total Adjustments 483,575 1,118,856
    Net Cash Provided By    
      Operating Activities 1,641,462 2,272,551
Cash Flows From Investing Activities:
  Capital Expenditures (349,228) (130,104)
   Proceeds from Sale of Property and Equipment 122,468 0
    Net Cash Provided By (Used In)
      Investing  Activities (226,760) (130,104)
Cash Flows From Financing Activities:
  Distributions To Partners (1,453,490) (1,321,355)
   Payment On Mortgage (330,945) (195,218)
Net Cash Provided By (Used In)
  Financing Activities (1,784,435) (1,516,573)
Increase (Decrease) In Cash and Equivalents (369,733) 625,874
Cash and Equivalents, Beginning 3,741,016 3,155,170
Cash and Equivalents, Ending $3,371,283 $3,781,044
                                                  See Notes to Financial Statements
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