<ARTICLE> 5 <LEGEND> The schedule contains summary information extracted from the financial statements of the December 31, 1996 Form 10K of Resources Accrued Mortgage Investors 2 L.P. and is qualified in its entirety by reference for such statements. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 2,873,084 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,884,983 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 19,501,016 <CURRENT-LIABILITIES> 130,798 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 19,370,218 <TOTAL-LIABILITY-AND-EQUITY> 19,501,016 <SALES> 0 <TOTAL-REVENUES> 1,794,213 <CGS> 0 <TOTAL-COSTS> 1,670,325 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 123,888 <INCOME-TAX> 0 <INCOME-CONTINUING> 123,888 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 123,888 <EPS-PRIMARY> 0 <EPS-DILUTED> 0