<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> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 7,921,270 <SECURITIES> 193,001,695<F1> <RECEIVABLES> 1,604,301 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,025,153<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 207,552,419 <CURRENT-LIABILITIES> 18,900 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 206,978,183<F3> <OTHER-SE> 555,336<F4> <TOTAL-LIABILITY-AND-EQUITY> 207,552,419 <SALES> 0 <TOTAL-REVENUES> 15,855,280<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,524,068<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 12,331,212 <INCOME-TAX> 0 <INCOME-CONTINUING> 12,331,212 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,331,212 <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMs") of $151,717,926 and Mortgage-Backed Securities ("MBS") of $41,283,769. <F2>Includes prepaid acquisition fees and expenses of $12,168,877 net of accumulated amortization of $8,279,914 and prepaid participation servicing fees of $3,765,596 net of accumulated amortization of $2,629,406 <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($217,867) and Limited Partners equity of $207,196,050. <F4>Unrealized gain on MBS <F5>Represents interest income on investments in mortgages and cash <F6>Includes $1,746,476 of amortization of prepaid fees and expenses. <F7>Net income allocated $369,936 to the General Partners and $11,961,276 to the Limited Partners. Average net income per Limited Partner interest is $.82 on 14,655,512 Limited Partner interests outstanding. </FN>