<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the Balance Sheet and Statement of Income and is qualified in its entirety by reference to such financial statements </LEGEND> <CIK> 0000805297 <NAME> KRUPP INSURED PLUS II LTD PARTNERSHIP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 7,437,677 <SECURITIES> 194,199,325<F1> <RECEIVABLES> 1,711,233 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,898,390<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 209,246,625 <CURRENT-LIABILITIES> 8,024 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 209,293,064<F3> <OTHER-SE> (54,463) <TOTAL-LIABILITY-AND-EQUITY> 209,246,625 <SALES> 0 <TOTAL-REVENUES> 8,012,092<F4> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,793,730<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 6,218,362 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,218,362 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,218,362 <EPS-PRIMARY> 0<F6> <EPS-DILUTED> 0<F6> <FN> <F1>Includes the following investments: Participating Insured Mortgages ("PIMs") $152,334,800 & Mortgage-Backed Securities ("MBS") $41,864,525 <F2>Includes the following prepaid acquisition fees & expenses of $4,551,635 net of accumulated amortization of $7,617,242 and prepaid participating servicing of $1,346,755 net of accumulated amortization of $2,418,841 <F3>Represents total equity of General Partners & Limited Partners of $(180,606) and $209,473,670 <F4>Represents interest income on investments in mortgages & cash <F5>Includes $873,239 of amortization related to prepaid fees & expenses <F6>Net income allocated $186,551 to the General Partners & $6,031,811 to the Limited Partners. Average net income per unit of Limited Partners interest is $.41 on 14,655,512 units outstanding. </FN>