<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 7,726,558 <SECURITIES> 193,245,148<F1> <RECEIVABLES> 1,583,720 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,461,771<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 208,017,197 <CURRENT-LIABILITIES> 13,259 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 207,925,358<F3> <OTHER-SE> 78,580 <TOTAL-LIABILITY-AND-EQUITY> 208,017,197 <SALES> 0 <TOTAL-REVENUES> 11,921,613<F4> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,694,789<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 9,226,824 <INCOME-TAX> 0 <INCOME-CONTINUING> 9,226,824 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,226,824 <EPS-PRIMARY> 0<F6> <EPS-DILUTED> 0<F6> <FN> <F1>Includes the following investments: Participating Insured Mortgages ("PIMs") $152,029,541 & Mortgage-Backed Securities ("MBS") $41,215,607 <F2>Includes the following prepaid acquisition fees & expenses of $4,220,299 net of accumulated amortization of $7,948,578 and prepaid participating servicing of $1,241,472 net of accumulated amortization of $2,524,124 <F3>Represents total equity of General Partners & Limited Partners of $(205,817) and $208,288,335 <F4>Represents interest income on investments in mortgages & cash <F5>Includes $1,309,858 of amortization related to prepaid fees & expenses <F6>Net income allocated $276,805 to the General Partners & $8,950,109 to the Limited Partners. Average net income per unit of Limited Partners interest is $.61 on 14,655,512 units outstanding. </FN>