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Preheat Oven to 350 Degrees F.
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To Make Caramel
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In a heavy sauce over medium heat pour the sugar and water
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Let the sugar boil until caramel forms, stir occasionally
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Pour the caramel into a 9" cake mold, bundt pan mold or custard cups and let it cool for 5 minutes
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To Make Flan
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In a blender combine the condensed milk, evaporated milk, coffee, eggs, and cream cheese
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Strain this mixture into a bowl
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Pour the flan mixture on top of the caramel
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Cover the cake pan with aluminum foil
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Bake on a double boiler with at least 1 inch of water for around 40 minutes for the custard cups and 55 minutes to 60 minutes for the cake mold
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Flan should be firmer with a little jiggle
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Remove from oven and let it cool for 20 minutes
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Cool overnight in the fridge
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Unmold by running a knife from the edges of the flan then turn onto a plate
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Enjoy!