UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
                                                 A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
                            SIX MONTHS ENDED
June 30, 2003 June 30,2002
(Unaudited) (Unaudited)
Cash Flows From Operating Activities:
  Net Income $1,154,081 $1,157,887
Adjustments To Reconcile Net Income
 To Net Cash Provided By
  Operating Activities:
  Depreciation 873,953 869,870
  Amortization 10,458 10,458
  Gain on Sale of Equipment (8,846) (107,688)
 (Increase) Decrease in Manufactured Homes and Improvements (187,248) (320,196)
(Increase) Decrease In Other Assets 4,097 (8,286)
  Increase  (Decrease) In Accounts Payables 7,524 (170,032)
  Increase (Decrease) In Other Liabilities 206,441 209,449
Total Adjustments 906,379 483,575
    Net Cash Provided By  
      Operating Activities 2,060,460 1,641,462
Cash Flows From Investing Activities:
  Capital Expenditures (196,927) (349,228)
  Proceeds from sale of  Equipment 8,846 122,468
Net Cash Used In
  Investing Actvities (188,081) ($226,760)
Cash Flows From Financing Activities:
  Distributions To Partners (1,519,558) (1,453,490)
   Payment On Mortgage (225,776) (330,945)
Net Cash Used In
  Financing Activities (1,745,334) (1,784,435)
Increase (Decrease) In Cash and Equivalents 127,045 (369,733)
Cash and Equivalents, Beginning 3,118,034 3,741,016
Cash and Equivalents, Ending $3,245,079 $3,371,283
                                                  See Notes to Financial Statements
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