<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CASH
PLUS I FINANCIAL STATEMENTS FROM THE QUARTER ENDED MARCH 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                       3,727,377
<SECURITIES>                                 4,909,303
<RECEIVABLES>                                  505,819
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               222,126
<PP&E>                                      45,606,825
<DEPRECIATION>                              15,791,185
<TOTAL-ASSETS>                              39,180,265
<CURRENT-LIABILITIES>                        1,377,018
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    37,803,247<F1>
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                39,180,265
<SALES>                                      1,697,920
<TOTAL-REVENUES>                             1,697,920
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             1,232,406<F2>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                465,514
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            465,514
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   465,514
<EPS-PRIMARY>                                        0<F3>
<EPS-DILUTED>                                        0<F3>
<FN>
<F1>Represents total equity of general partners ($140,039) and limited partners
$37,943,286.
<F2>Includes operating expenses of $261,227, real estate taxes of $295,252 and
depreciation expense of $492,917.
<F3>Net income allocated $9,311 to general partners, $456,192 to limited
partners, for the three months ended March 31, 1996.  Average net income
is .11 per unit $4,000,000 units outstanding.
</FN>