UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II,
A  MICHIGAN LIMITED PARTNERSHIP
STATEMENTS OF CASH FLOWS
	NINE MONTHS ENDED
	September 30,2004	September 30,2003
	(unaudited)	(unaudited)
Cash Flows From Operating Activities:
Net Income	$1,220,704	$1,610,761
Adjustments To Reconcile Net Income
To Net Cash Provided By
Operating Activities:
Depreciation	1,351,248	1,314,688
Amortization	15,687	15,687
Gain on Sale of Property and Equipment	0	(8,846)
(Increase ) Decrease in Manufactured Homes & Improvements	(196,459)	(314,670)
(Increase) Decrease In Other Assets	121,420	(182,609)
Increase  (Decrease) In Accounts Payables	(67,923)	187,730
Increase (Decrease) In Other Liabilities	277,224	272,968
Total Adjustments	1,501,197	1,284,948
Net Cash Provided By
Operating Activities	2,721,901	2,895,709
Cash Flows From Investing Activities:
Capital Expenditures	(285,654)	(381,057)
Proceeds from sale of Property and Equipment	0	8,846
Net Cash Provided By (Used In)
Investing  Activities	(285,654)	(372,211)
Cash Flows From Financing Activities:
Distributions To Partners	(2,279,336)	(2,279,337)
Payment On Mortgage	(353,876)	(336,461)
Net Cash Provided By (Used In)
Financing Activities	(2,633,212)	(2,615,798)
Increase (Decrease) In Cash and Equivalents	(196,965)	(92,300)
Cash and Equivalents, Beginning	2,652,394	3,118,034
Cash and Equivalents, Ending	$2,455,429	$3,025,734
See Notes to Financial Statements
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