<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Cash Plus I Financial Statements for the three months ended March 31, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 30,044,061 <SECURITIES> 3,624,459 <RECEIVABLES> 197,709<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 229,134 <PP&E> 0<F2> <DEPRECIATION> 0<F2> <TOTAL-ASSETS> 34,095,363 <CURRENT-LIABILITIES> 152,585 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 33,764,964<F3> <OTHER-SE> 177,814<F4> <TOTAL-LIABILITY-AND-EQUITY> 34,095,363 <SALES> 0 <TOTAL-REVENUES> 934,780<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 442,373<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 2,930,843<F2> <CHANGES> 0 <NET-INCOME> 3,423,250<F7> <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes all receivables included in "other assets" on the Balance Sheet. <F2>The Partnership's properties were sold on January 30, 1998 to unaffilated third parties. The total selling price of the fourteen properties sold was $138,000,000, of which the Partnership received $31,247,100, less closing costs of $1,061,415. For financial reporting purposes, the Partnership realized a gain of $2,930,843 on the sale. <F3>Deficit of the General Partners of ($285,655) and equity of Limited Partners of $34,050,619. <F4>Unrealized holding gain on MBS. <F5>Includes all revenue of the Partnership. <F6>Includes all expenses of the Partnership. <F7>Net income allocated $9,848 to the General Partners and $3,413,402 to the Limited Partners. </FN>