No before you panic you are just fine with your setup you do need to run a display port connection for the central monitor and 4 dvi connections for the other four although I'm sure you could get away with using hdmi as well.
Tearing typically occurs when there is a larger amount of stress is placed on your system that your cards have a hard time keeping up with. However, I don't think you will have to worry about this. You have the horsepower to handle 3 screens pretty handily.
Just remember you need the central monitor with a display port connection. The others don't particularly matter. I really like how the display port connection works. I have a ASUS PB238Q it came with a display port cord and display port has a higher bandwidth lane if I'm not mistaken.
If you run across any issues just come back and there are people here to help you
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Just keep in mind that if you run into issues with 5 monitors it will more then likely be memory based although 3 gigabytes should be fine.
Got this off wiki
Comparison with HDMI
Although DisplayPort has much of the same functionality as HDMI, it is expected to complement the interface, not replace it.[3][4] DisplayPort can emit an HDMI signal through the use of a passive adapter connected to a port that is designed for dual-mode.
The DisplayPort specification defines the standard as royalty-free, while HDMI charges US$0.04 per device with an annual fee of $10,000 for high volume manufacturers.[34] HDMI Licensing counters the "royalty-free" claim by pointing out that the DisplayPort specification leaves open the possibility of charging for implementation.[35] DisplayPort has more than twice the bandwidth at 21.6 Gbit/s[36] (17.28 Gbit/s with overhead removed) as opposed to HDMI's 10.2 Gbit/s[37] (8.16 Gbit/s with overhead removed). It also has the ability to share this bandwidth with multiple streams of audio and video to separate devices.[38]
DisplayPort in native mode lacks some HDMI features such as xvYCC color space capability (added in DisplayPort version 1.2) and Consumer Electronics Control (CEC) commands, which allow the control of multiple devices through a single remote;[39][40] VESA asserts that CEC commands can be transmitted over the AUX channel if needed.[38] HDMI uses unique Vendor Specific Block structure which allows for features such as additional color spaces. However, these features can be defined by CEA EDID extensions.