Translating a reciprocal

Consider the rational function y=1x1+2y = \dfrac{1}{x - 1} + 2. It is the reciprocal y=1xy = \dfrac{1}{x} translated by 11 in the xx-direction and 22 in the yy-direction.

The asymptotes x=0x = 0 and y=0y = 0 of y=1xy = \dfrac{1}{x} move along with it, becoming x=1x = 1 (vertical) and y=2y = 2 (horizontal). The point where the two asymptotes cross, (1,2)(1, 2), is the center of symmetry. The graph draws the horizontal asymptote y=2y = 2 as a line, and the large dot marks the center (1,2)(1, 2); near the vertical asymptote x=1x = 1 the graph shoots up steeply.