Cavitation causes a great deal of noise, damage to components, vibrations, and a loss of efficiency in devices, such as propellers, pump impellers, nozzles, injectors, torpedoes, etc., Thus, cavitating flow simulation is of practical importance for many engineering systems. In this study, a two-phase flow solver based on the homogeneous mixture model has been developed. The flow characteristics around an axisymmetric cylinder were calculated and then validated by comparing with the experimental results in the cavitation water tunnel at the Korea Ocean Research & Development Institute. The results show that this solver is highly suitable for simulating the cavitating flows. After the code validation, the cavity length with changes of water depth, angle of attack and velocity were obtained.. Cavitation inception was also calculated for various operational conditions.