4 oz. cream cheese, softened
4 slices bread, crust removed
4 tbsp. sugar
1 (12 oz.) can condensed milk
12 oz. milk
4 eggs
1 tsp. vanilla

Combine all ingredients; set aside. In small frying pan combine 3/4 cups sugar and 2-3 tablespoons of water. Put burner on medium high; stir continuously until water and sugar caramelize.

Immediately transfer caramelized sugar to a 9-inch loaf pan. Quickly tilt loaf pan and coat bottom and sides with the caramelized sugar. (Use extreme caution as the caramelized sugar is very hot.)

Pour batter in loaf pan. Put loaf pan into a larger pan filled with water. Bake at 375 degrees for 1 hour. Chill for 2-3 hours. Invert flan onto dish; serve.