UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
	THREE MONTHS ENDED
	March 31,2004	March 31,2003
	(Unaudited)	(Unaudited)
Cash Flows From Operating Activities:
Net Income	$377,145	$522,317
Adjustments To Reconcile Net Income
To Net Cash Provided By
Operating Activities:
Depreciation	448,897	435,678
Amortization	5,229	5,229
Gain on Sale of Equipment	0	(3,000)
(Increase) Decrease in Manufactured Homes and Improvements	(189,868)	(345,708)
(Increase) Decrease In Other Assets	135,607	166,236
Increase  (Decrease) In Accounts Payables	(36,860)	(46,987)
Increase (Decrease) In Other Liabilities	32,543	1,951
Total Adjustments	395,548	213,399
Net Cash Provided By
Operating Activities	772,693	735,716
Cash Flows From Investing Activities:
Capital Expenditures	(124,212)	(22,718)
Proceeds from sale of  Equipment	0	3,000
	________	_________
Net Cash Used In
Investing Actvities	(124,212)	($19,718)
Cash Flows From Financing Activities:
Distributions To Partners	(759,778)	(759,779)
Payment On Mortgage	(119,262)	(116,905)
Net Cash Used In
Financing Activities	(879,040)	(876,684)
Decrease In Cash and Equivalents	(230,559)	(160,686)
Cash and Equivalents, Beginning	2,652,394	3,118,034
Cash and Equivalents, Ending	$2,421,835	$2,957,348
See Notes to Financial Statements
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