In a pan, place the sugar and take it to the medium fire, until it melts and turns a golden caramel.
be careful not to overtake and burn
Add the milk and let it cook until all the caramel has melted. Remove from heat and set aside.
In a pan, place the rice and water and bring to a low heat, stirring occasionally, until almost all the water has evaporated.
Add the milk with the reserved caramel and let it cook until the milk is almost dry, keep an eye on it until it gets creamy. Add condensed milk and mix.
Put in bowls or in a pot of your choice, put cinnamon and take it to the fridge for 1 hour.