1992 Four Winns Horizon 18 w/ 3.0 omc cobra. I purchased this as a fixr upper. After a year,I finally was ready (I thought) for the water. Engine started fine ,water temp & oil pressure ok,I headed out. all was well for 20 minutes ,then I heard a change in the sound, almost muted, oil pressure ok, but the temp gague dropped to 100 degrees. I opened the engine hatch, and found 8 " of water in the stern. It was coming out betwen the engine block, and the stern drive housing. The flow stopped when I shut off the engine. any ideas ??