Mile High Cream Cheese Pound Cake with Soft Caramel

Name: Mile High Cream Cheese Pound Cake with Soft Caramel
Ingredients: 2 cup unsalted butter, room temperature; 2 packet cream cheese, room temperature; 1 teaspoon salt; 1 tablespoon vanilla extract; 4 cup sugar; 10 large eggs, room temperature; 4.5 cup cake flour; 2 cup sugar; 1 cup butter; 1/2 cup water; 14 ounce sweetened condensed milk (1 can)