1 (14 oz.) can condensed milk
1 (12 oz.) can evaporated milk
12 oz. cream cheese
3 whole eggs
1 c. sugar
1 tsp. vanilla extract

Mix all ingredients in a bowl or blender except the sugar. In 6 or 8 inch baking mold add the sugar; melt it at medium heat. When sugar starts to bubble, stir until it gets a caramel color. Once caramel is done, spread around the mold; let it cool.

Add mix to the mold; cover with aluminum foil and cook in double boiler at 350 degrees in the oven or on top of stove for 25-30 minutes.