<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Cash Plus V Financial Statements for the twelve months ended December 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,063,094<F1> <SECURITIES> 628,909<F2> <RECEIVABLES> 13,005 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,629 <PP&E> 15,173,853<F3> <DEPRECIATION> 0 <TOTAL-ASSETS> 16,880,489 <CURRENT-LIABILITIES> 13,526 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 16,866,963<F4> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 16,880,489 <SALES> 0 <TOTAL-REVENUES> 132,375 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 6,092,765<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,960,390)<F6> <EPS-PRIMARY> 0<F6> <EPS-DILUTED> 0<F6> <FN> <F1>Includes cash and cash equivalents of $569,987 and investments in commercial paper of $493,107. <F2>Includes all receivables of the Partnership included in "Other Assets" on the Balance Sheet. <F3>Includes investment in Joint Venture. <F4>Equity of General Partners ($122,972), Limited Partners $16,942,989 and unrealized holding gain on MBS of $46,946. <F5>Includes operating expenses of $2,086,274 and Partnership's share of Joint Venture net loss of $4,006,491. <F6>Net Loss allocated ($59,604) to General Partners and ($5,900,786) to the Limited Partners. Net Loss per unit is ($2.86). </FN>