As for my Type-6 Outfitting, I've got the following:
D-Rank Everything, FSD is A-Type
Fuel Tank: 8
D3 Shield Generator
Everything else is Cargo. 104 Cargo Space with Shields.
Value of the ship is 2.88m, so you'll need at least 3.2m to buy the ship, outfit it, and then have enough for insurance. With the 700k investment amount, and rounding up, as long as you have about 4m total value for everything, you should be good.
Type-6 gets 31.30LY Jump Range, and 20.04 Jump Range with full cargo.
If your route is less than the 20LY jump range, feel free to upgrade the D components to higher modules. Stay away from B modules, as they are the heaviest and will drastically cut down on your jump range. Power Distributor is a good one to get to A-Rank, then Thrusters.