Start by cold brewing your coffee. Pour a 12oz. bag of coffee into a glass container. Add 7-10 cups water to the coffee. Let steep at room temperature for 12-24 hours. Strain coffee into another container through a mesh bag or filter. Chill in refrigerator until cold.
Once your coffee is brewed and chilled, pour the vanilla syrup into a 16oz glass. Drizzle the sides of the glass with caramel. Add cold milk, then ice. Lastly, add the coffee. Drizzle caramel sauce on top. Enjoy!
Using a Cold Brew System works great for this recipe too!