Lydia's Cinnamon Cream Syrup

1 cup sugar
1/2 light corn syrup
1/4 cup water
1 can (5 oz) evaporated milk
1 tsp vanilla extract
1/2 tsp ground cinnamon

Combine sugar, corn syrup and water in a saucepan. Bring mixture to a boil over medium heat; cook and stir for 2 minutes or until thickened. Remove from the heat; stir in the milk, vanilla and cinnamon. Serve with waffles.