<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 Mortgage Plus-II Limited Partnership <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-END> Dec-31-1998 <CASH> 8,758,737 <SECURITIES> 107,050,559<F1> <RECEIVABLES> 730,829 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,086,637<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 117,626,762 <CURRENT-LIABILITIES> 252,769 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 116,833,481<F3> <OTHER-SE> 540,512<F4> <TOTAL-LIABILITY-AND-EQUITY> 117,626,762 <SALES> 0 <TOTAL-REVENUES> 15,335,618<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,317,948<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 12,017,670 <INCOME-TAX> 0 <INCOME-CONTINUING> 12,017,670 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,017,670 <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMs") of $82,258,207 and Mortgage-Backed Securities ("MBS") of $24,792,352. <F2>Includes prepaid acquisition fees and expenses of $6,914,358 net of accumulated amortization of $6,024,495 and prepaid participation servicing fees of $2,073,520 net of accumulated amortization of $1,876,746. <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($290,140) and Limited Partners equity of $117,123,621. <F4>Unrealized gains on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $2,031,454 of amortization of prepaid fees and expenses. <F7>Net income allocated $360,530 to the General Partners and $11,657,140 to the Limited Partners. Average net income per Limited Partner interest is $.80 on 14,655,512 Limited Partner interests outstanding. </FN>