In this paper, the performance of an inclined propeller in both non-cavitating and cavitating conditions was investigated using a finite volume based solver. The results were compared with the experiments conducted at the Potsdam Model Basin (Germany) (Barkmann et al., 2011; Kinnas et al., 2015). The propeller in the experiments was operating in an inhomogeneous flow and, therefore, the characteristics were deeply influenced by the inclination angle. Therefore, the present work includes both design and off-design conditions and simulations in a pull configuration. The sliding mesh technique was used to implement the rotations in the unsteady Reynolds-averaged Navier-Stokes (URANS) solver, with the renormalisation group (RNG) k - epsilon turbulent model. The effects of models for acoustics and cavitation phenomena were of particular interest and, therefore, multiphase mixture model was used as a cavitation model in which Rayleigh-Plesset equation describes the growth of a single vapour bubble in a liquid. Also, the Ffowcs-Williams and Hawkings (FWH) and direct methods were compared by predicting pressure pulses at receiver locations. The analysis involved visual observation of the cavitation pattern, in that there was a good agreement between the numerical predictions and the experimental data. The pressure fluctuations at different locations were also compared with the experimental data for both cavitating and non-cavitating cases. In the non-cavitating case, the amplitudes of the pressure fluctuations were in agreement with the experimental data, but those of pressure pulses in the cavitating condition were underpredicted. The spectral analysis of calculations also revealed the weak third harmonic observed in the experiments. The FWH approach produced good results in the spectrum of rotating propeller and, therefore, instead of the direct method, the FWH approach is recommended in such complicated cases as pressure pulse and cavitation. However, a more advanced method is required to extend the work for better representation of bubble dynamics.