Delete (forward) character iTerm2 OSX

I am using iTerm2 on OSX, and I am using an external keyboard with a Del (not to be confused with Backspace). The Del key works fine in OSX but in Terminal and iTerm, it inserts "~" instead of deleting forwards one character. This is easily fixable in Terminal, but in iTerm, there is no key binding or escape sequence that allows me to delete a character to the right of the cursor (the equivalent Unix command is Ctrl D). Is there any way I can simulate deleting forwards one character in iTerm?

You can add a iTerm Keyboard Mapping in Global Preferences or a Profile-based one for the key to send a Ctrl-D (0x04)

i.e: Here I am mapping Ctrl-Delete to Erase (Ctrl-D/0x04) like an Extended Keyboard's Del key: